Making Tax Digital for VAT – It’s time to act
You’ve probably heard the words ‘Making Tax Digital’ or ‘MTD’ a lot since the Government first unveiled its proposals back in 2015 to make fundamental changes to the administration of tax and transition to a fully digital tax system by 2020. But, with the final VAT legislation for MTD now passed, it’s time to ensure that you are ready for this major legislative change.
Tax break for couples – are you missing out?
HMRC have recently revealed that over a million married and civil partner couples are eligible to apply for a tax relief but are currently missing out. If you are married or are in civil partnership you may be entitled to claim a tax relief called the Marriage Allowance. This tax break allows couples to transfer a proportion of their personal allowance between them and could be worth up to £238 per year with backdated payments also potentially available.
Philip takes on the Welsh 3000’s
Naylor Wintersgill director Philip Venter will be going the extra mile as he attempts the mountainous challenge of the Welsh 3000’s in just 24 hours on 12th July 2018. Climbing 15 peaks above 3,000 feet, Philip has decided to take on this tough challenge for Bradford based children’s charity One In A Million to help them carry on their great work in the local community.
Football fundraiser with a twist
The fundraising event saw the Naylor Wintersgill team battle it out against opposition from the Bradford business and professional community on a crazy inflatable football pitch at their offices based on Grammar School Street in the city centre.
Can I save tax on my state pension lump sum?
If you reached state pension age before 6 April 2016 you might be able to take advantage of a tax saving opportunity in connection with your state pension lump sum. The opportunity exists if you meet one of two conditions...
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