Avoiding common pitfalls of Gift Aid
Charities are making an increasing return to fundraising activities and in-person events and now is the time to ensure you are getting the most out of your charity’s Gift Aid claim.
Tax Disputes & Resolutions quarterly round up: July-September 2023
Welcome to our quarterly roundup of Tax Disputes & Resolutions news, updates and more, from July to September 2023.
HMRC pauses off-payroll worker reviews pending consultation outcome
Barely a week goes by in the world of employment tax without some reference being made to the off payroll working (IR35) rules.
Changes to Capital Gains Tax rules for divorcing couples
Divorcing couples have long faced challenges related to the division of assets, especially concerning Capital Gains Tax (CGT). The new rules which came into effect on 6 April 2023 give divorcing couples and civil partners more time to transfer assets between them without incurring CGT.
Sector Focus: Getting the most from your new CRM system
Animal and environmental charities are usually reliant on the generosity of individual donors to fund their ongoing charitable work, with little funding usually available from institutional donors or from service based activities.
HMRC’s latest nudge letter campaigns
Nudge letters represent HMRC’s ‘One to Many’ approach – a single communication which is sent to many taxpayers who have been identified concerning a specific tax risk. Nudge letters provide HMRC with a cost-effective way to communicate with many taxpayers.
Employee options in M&A transactions
Employee options often play a key role in M&A transactions and need to be considered by all parties. We consider some key issues to be aware of: Which options will be exercised as part of the deal? How will the exercise price be funded? Tax pitfalls and opportunities Which options will be exercised? When a […]
Employee option schemes – recent changes
As of 6 April 2023, changes have been made to HMRC tax-advantaged option schemes. These changes are summarised here: Company Share Option Plan (CSOP) value limit – increased from £30k to £60k per employee. CSOP removal of restrictions on share class to be used. Employee Management Incentive (EMI) removal of requirement to sign a working […]