Contact Us | Email | www.cwfellowes.com

If this email does not display or print correctly, please click here.

September 2008 Newswire

Welcome to our monthly newswire...

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

We operate a responsible email policy at CW Fellowes, so if you do not wish to receive further copies of this newswire, click here to unsubscribe.

Gift Aid Transitional Relief

Charities are entitled to claim a tax repayment in respect of gift aid donations made by individuals. The tax repayment was 22% until 5 April 2008 being the basic rate of tax on payments made through gift aid. As you are no doubt aware the basic rate of tax was reduced to 20% from the beginning of this tax year. In order to compensate charities for this drop in income the government has introduced Gift Aid Transitional Relief which tops up the tax repayment due to the charity until 5 April 2011.

Click here to view full article...

Reducing Employers’ Administration

The Department for Business, Enterprise & Regulatory Reform (BERR), has launched a campaign advising employers on how they can reduce the amount of administration involved in dealing with their employment law obligations. The BERR believe that some employers are routinely over-complying or duplicating work.

Click here to view full article...

NMW Changes

HMRC have announced that some changes to penalties and calculation of arrears of National Minimum Wage (NMW) payments have been delayed to April 2009. The delay is apparently due to the slower than expected passage through parliament of the Employment Bill.

Click here to view full article...

Salary Sacrifice Arrangements

Salary sacrifice is a complex area which should not be overlooked. HMRC have added some questions and answers on this difficult subject to their website.

Click here to view full article...

Penalties

HMRC have published a leaflet on the new HMRC penalties warning tax payers to make sure that their records are sufficient to comply with the new penalty regime. The new legislation covers returns and other documents issued for periods commencing from 1 April 2008 which are due for submission from 1 April 2009.

Click here to view full article...

‘Paper’ Tax Return Deadline Looming

HMRC are reminding taxpayers who wish to complete paper self assessment tax returns that the new 31 October 2008 deadline is ‘only weeks away’.

Click here to view full article...

Licence to Bring in Migrant Workers

The UK Border Agency has started a television campaign aimed at employers to help prepare them for the introduction of the government's new rules for skilled migrant workers which become effective from November 2008.

Click here to view full article...

VAT Treatment of Charity Challenge Events

HMRC have issued revised guidance on Charity Challenge Events, including those that qualify for the VAT Charity Fundraising Exemption.

Click here to view full article...

Careless Drivers

Under the new careless driving laws, which came into effect from 18 August 2008, motorists who kill whilst avoidably distracted at the wheel will face prison.

Click here to view full article...

Chandlers Ford Office: a | CW Fellowes, Templars House, Lulworth Close, Chandlers Ford, Hampshire, SO53 3TL.
t | +44 (0) 23 8024 7070 f | +44 (0) 23 8024 7071

Fareham Office: a | DHB Fellowes, Carnac Place, Carnac Court, Cams Hall Estate, Fareham, Hampshire, PO16 8UY.
t | +44 (0) 1329 220554 f | +44 (0) 1329 225266

e | advice@cwfellowes.com w | www.cwfellowes.com

We also trade as DHB Fellowes.
Registered in England and Wales No: 6491259.
Registered to carry on audit work and regulated for a range of investment business activities by the Institute of
Chartered Accountants in England and Wales.