News & Views
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The YesTax Snowflake sparkles for the Sheffield Children’s Hospital
The lights are officially on and Christmas has begun at Sheffield Children’s Hospital! ❄ THIS year marks the 20th anniversary of The Children’s Hospital Charity’s annual snowflake appeal, and denotes a record-breaking year with a whopping £434,000 pledged in support of Sheffield Children’s Hospital.
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YesTax Charity Update
As you may be aware, YesTax donates 2.5% of everything it does to charity, making direct contributions to vulnerable children both here in the UK and overseas.
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Patent Boxes – have you ticked them all?
One of the more generous corporation tax reliefs still available to companies in the UK is now worth more than it ever has been… but as a result, HMRC want to make sure that those that claim it aren’t going outside the lines.
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A look behind the scenes, two years on
In October 2022, YesTax transitioned to employee ownership through an Employee Ownership Trust (EOT). The decision was taken as a best route to protect its people, culture and the foundations on which the business was built. By aligning the goals of stakeholders and employees, EOTs encourage employee retention and engagement while also ensuring the fruits of successful financial performance are shared equally amongst those who contribute to the business.
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Movember
Some of the guys at YesTax will be taking part in Movember this year to promote Men’s Health issues such as prostate cancer, testicular cancer and particularly mental health awareness, a subject very close to the hearts of many of us.
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Picture this... tax relief puts museums in the frame!
Museums and Galleries can now take advantage of an extremely generous tax relief which was expected to be for a limited time only, but is now on permanent display!
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Investing in commercial property? A significant proportion of your spend may qualify for tax relief
Investing in capital assets such as commercial property and equipment offers invaluable tax incentives. At YesTax we are able to compliment the work of your accountant and undertake a full survey and valuation exercise, typically, where expenditure is incurred on building projects to either extend, fit-out or renovate your commercial property space. A specialist exercise ensures you secure the full value of your capital investments in support of future growth.
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Affinity2020 Update
Last month, we shared how we provided support to a young woman and her child, who had to flee an abusive partner. We assisted in securing good quality temporary accommodation for them while they await appropriate rehousing by the Council.