Advice Centre

07 Jul Tax on savings

Bank interest rates are predicted to reach new lows following the Brexit vote as talk of further interest rate cuts are mooted. However, there is a silver lining as many taxpayers won’t have to pay Income Tax on their savings income. In the current 2016-17 tax year,...

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05 May Gift Aid donations

The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can take a taxpayer’s donation and, provided all the qualifying conditions are met, can reclaim the basic rate tax allowing for an extra 25p of tax...

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