UHY Ross Brooke Chartered Accountants

Tag: donations to charities

60% tax trap

Don’t fall into the 60% tax trap

Despite being in existence for some 15 years, the effects of the personal allowance restrictions are surprisingly unknown by many. The personal allowance restriction means that ‘higher earners’ see their personal allowance reduced by £1 for every £2 of income received above £100,000. This threshold has not changed since it

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60% tax trap

The 60% tax trap and how to avoid it

Although the headline highest rate of income tax is 45%, many people will be paying a marginal rate of 60% and not even be aware of it. That is because, as your income exceeds £100,000 you start to lose £1 of personal allowance for every £2 of income above that

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charity specialist accountant gift aid

Guidance for businesses wanting to offer help to Ukraine

Businesses can find ways to help with the situation in Ukraine by answering calls for specific aid and goods and working to find solutions for those fleeing areas affected by the war. Homes for Ukraine The Homes for Ukraine scheme will allow individuals, charities, community groups and businesses in the

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charity specialist accountant gift aid

Gift Aid your donations to help Ukraine

One of the best ways to help is by donating cash through trusted charities and aid organisations, rather than donating goods. Cash can be transferred quickly to areas where it is needed, and individuals and aid organisations can use it to buy what is most needed. Unsolicited donations of goods,

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charity donation

Tax Efficient Support for Charities

With all our thoughts currently on the fantastic work that the NHS do, the amazing achievements of Captain (now Colonel) Tom Moore and the 75th VE Anniversary celebrations, many of us have been digging deep into our pockets and making donations to support the outstanding work that these charities do.

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