With the Olymipc Torch Relay due to pass through Oxfordshire on the 9th and 10th of July, local accountancy firm Whitley Stimpson issues a tax warning to torchbearers who are thinking of capitalising from their experience.
Controversial plans to limit tax relief on charitable donations unveiled in this year’s Budget have been dropped in a surprise move by The Treasury.
Following the government’s announcement to withdraw child benefit from households containing individuals who earn over £50,000, further debate has been generated about the practicality of its implementation.
A former Whitley Stimpson employee who co-owns three Oxfordshire-based professional service businesses has been named as one of the most influential people in the UK tax profession.
Businesses throughout the UK stand to benefit from HMRC’s change of position on claiming input tax for entertaining expenses.
Professionals with annual salaries in the region of £100,000 will soon be able to benefit from a clever tax quirk that allows them to invest £11,213 in a pension but only contribute £2,243 themselves, a report in The Telegraph suggests.