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Archive | June, 2012

U Turn On Charitable Giving Tax Relief

Friday, June 29, 2012

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After much furore, the Government is to u turn on intended proposals for limiting the amount of tax relief a person can claim on charitable giving. Initially mooted as a limit to either £50,000 or 25% of gross income, whichever was the lower, Chancellor George Osborne is set to reverse his 2012 Budget decision. The [...]

People Working Past The State Pension Age

Saturday, June 23, 2012

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A new report has been published providing insight into those who choose to work beyond the state pension age. Changes started being phased in from November 2011 to the state pension age, bringing gender equality as well as extending the state retirement age for all sexes to 66 by 2020. The Office For National Statistics [...]

Should Jimmy Carr Be Apologising for Tax Avoidance?

Friday, June 22, 2012

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Over the last few days there has been a lot of coverage about comedian Jimmy Carr and the legal method by which he avoids paying tax on £3.3m of income per year. After days of public backlash, Carr used the online medium of Twitter to apologise for his ‘error of judgement’ over taking part in [...]

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