Murray Beith Murray LLP is a leading Scottish private client law firm.
For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.
As the impact of the COVID-19 pandemic reaches into almost every aspect of our lives, the demand on many charity services are seeing an unprecedented rise and funding has never been more important. You may be considering how you can help a cause which is important to you, at this time, and this blog considers how you can donate in ways that are tax efficient to you, and which can benefit your chosen charity also.
You will no doubt be aware of the Chancellor’s announcement offering financial support to taxpayer’s during these unprecedented times caused by COVID19. The Chancellor’s updated statement can be found here.
In the lead up to the end of the tax year we continue to look at important areas for consideration when reviewing your tax and financial position. Our latest blog considers how to reclaim tax for previous tax years.
The end of the current tax year will see the phasing out period finalised in respect of relief for mortgage interest on rental profits.
