Moore Accountancy February 2019 Newsletter
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Moore Accountancy Update

It's February!
We had a very difficult January with IT issues and staff illnesses but we finished it off with our Moore Accountancy Christmas party where we successfully "escaped" from a locked room and then went into Altrincham for dinner.
(Unfortunately Katie was still unwell and could not make it, so we shall have to try again with another room!).

Thank you all for bearing with us at this busy time and normal response times resume this week.


Below are some inheritance tax (IHT) exemptions you may wish to consider:
  • Although not particularly generous at £3,000 per donor per year; if this annual IHT exemption is not used by 5 April it is lost, although it is possible to carry the allowance forward one year if unused.
This means that if the annual allowance for 2017/18 was not used an individual may make gifts of up to £6,000 in 2018/19. 
  • A more generous exemption applies where the donor can prove that he or she is not transferring capital but is making gifts out of their income.
There are detailed conditions for this exemption to apply requiring records to be kept of income and expenditure in order to prove that there is sufficient surplus income each year to make regular gifts to the beneficiaries. We can of course assist you in keeping the necessary records to satisfy HMRC.
  • Where possible higher rate taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity and for the individual to obtain additional tax relief on the payment. 
For example where an individual makes a £20 cash donation to charity the charity is able to reclaim a further £5 from HMRC making a gross gift of £25. Where the individual is a 40% higher rate taxpayer he or she is able to claim a further £5 tax relief under self-assessment, reducing their net cost to £15.
Note that the donor is required to make a declaration that they are a UK taxpayer and those that have not suffered sufficient UK tax to support the Gift Aid amount will be taxed on the shortfall.
This does not just apply to gifts of cash. Many charity shops will now sell your donated items on your behalf and are able to treat the sale proceeds as Gift Aided donations.


Later this month Moore Accountancy are taking part in #AltrinchamVsCancer - a community event to raise funds for The Christie.
We are hoping to raise over £3k as a group, so if you would like to support us then please donate via .
And please make sure you mention us in your message, so we know who to thank!


As part of Moore Accountancy's commitment to GDPR compliance we have begun implementing the use of eSignatures using MyDocSafe's ePortal  ( to enable quick authentication with a uniquely identifiable mark that doesn't require the use of paper and pen.

Electronic signatures are safer and more secure than traditional paper documents; not only do they contain a signature, but they also contain traceable information on who signed the document, when it was signed, and where they signed it.

Moore Accountancy will be using the portal for all documents that contain sensitive information; for example payroll, or any document that needs a signature; for example a Self Assessment Tax Return.

In the past we have asked for multiple signatures within a single document, this will be replaced with a single eSignature. 

The portal will generate a pdf document with an extra page added to hold the ‘signature’. Our clients will be able to download and save their own pdf document with signature.

There is no cost incurred to our clients for this new service. 

This portal will be implemented over the coming months so look out for further information from us.

If you have any issues with this new process, please contact us and we will sort an alternative for you as soon as possible.


19/02/19 - PAYE & NIC deductions for month ended 05/02/19 (January payroll)

28/02/19 - Corporation tax payment for year to 31/05/18

02/03/19 - 5% penalty imposed on 2017/18 income tax, CGT, class 2 and 4 NIC still unpaid at this date

19/03/19 - PAYE & NIC deductions for month ended 05/03/19 (February payroll)

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Moore Accountancy · 1 Northway · Altrincham · Cheshire, WA14 1NN · United Kingdom

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