Would you like to give you tax repayment to charity?

If HMRC owe you tax, then you can give your repayment to a charity of your choice simply by filling in a form. It is an easy way to make a donation and you can use the Gift Aid to increase the value of the gift.

This is done through a scheme called SA . . . → Read More: Would you like to give you tax repayment to charity?

Make The Most of Marriage Tax Breaks

An article published in The Times yesterday (18 April 2010) suggested that tax payers should share their investments with their spouse. This will help to ensure that the personal allowance for both are being used up and less tax will be paid.

To read the article in full, follow the link:   http://www.timesonline.co.uk/tol/money/tax/article7100522.ece

The Budget 2010 – Personal Tax Announcements

Stamp Duty Land Tax (SDLT)

First time house buyers will be exempt from Stamp Duty on a property purchase up to £250,000. This is for transactions taking place on or after 25 March 2010 and before 25 March 2012.

To qualify all of the following conditions must be met:

The individual purchase a major . . . → Read More: The Budget 2010 – Personal Tax Announcements