personal taxatation Archives - Page 33 of 49 - Whitefield Tax - Isle of Wight Accountants

Budget 2016: Lifetime ISA and ISA update

by Jessica Garbett | May 5, 2016 | ACCA, budget, personal finance, personal taxatation

Alongside auto-enrolment is the lifetime ISA the new pension for the under 40s? From April 2017, any adult under 40 will be able to open a new Lifetime ISA from which they will also be able to withdraw amounts they have contributed. Making contributions Up to £4,000...

Treatment of tax interest changing

by Jessica Garbett | Apr 10, 2016 | ACCA, personal finance, personal taxatation

From April interest will be paid to savings accounts gross. At present, in general, banks and building societies deduct 20% tax from the interest earned on non-ISA savings before paying the interest to the account holder. From 6 April 2016 banks and building societies...

ISAs and the next year

by Jessica Garbett | Apr 5, 2016 | ACCA, personal finance, personal taxatation

Savers will be able to re-invest withdrawals into ISAs. The announcement about a lifetime ISA for first home purchases is covered separately. From 6 April 2015 to 5 April 2016 the annual amount which can be paid into an Individual Savings Account (ISA) has been...

Gift aid – Small Donations Scheme

by Jessica Garbett | Apr 1, 2016 | ACCA, personal taxatation

New limit for GASDS payments. Gift Aid Small Donations Scheme (GASDS) top-up payments are restricted to a maximum small donations limit of £8,000 per tax year after 6 April 2016 for eligible charities and CASCs. As a reminder, GASDS: allows charities and CASCs to...

Coming soon – new tax on dividends

by Jessica Garbett | Mar 30, 2016 | ACCA, dividends, personal taxatation

Tax free allowance of £5000 to be introduced next month. April 2016 sees the (non-reclaimable) 10% tax credit that has been carried with dividends since April 1999 scrapped and replaced with a new tax-free dividend allowance. The allowance of £5,000 is available to...

Two step verification for Self Assessment

by Jessica Garbett | Mar 24, 2016 | HMRC, personal taxatation

This in from HMRC today, in their own words: From 29th March 2016, HMRC will start to offer more Self Assessment customers “2 Step Verification” when logging into their Tax Account. This means customers will, if they wish, be able to link their mobile phone with their...

« Older Entries

Next Entries »

Budget 2016: Lifetime ISA and ISA update

Treatment of tax interest changing

ISAs and the next year

Gift aid – Small Donations Scheme

Coming soon – new tax on dividends

Two step verification for Self Assessment

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax