About us
Meet the team and learn more about Peter Chalk & Co
Our Specialties
We specialise in dealing with the taxation matters of clergy
FAQ’s
A look at the most common questions we get asked
Our Services
Please click here for a full list or services we provide
areas of practice
tax credits
Child Tax Credit, Working Tax Credits and common mistakes..
financial advice
Overiew of financial advice we can offer you
record keeping
Visit our page explaining the legal requiements of recording keeping
useful templates
Download and save important templates to use…
Appointments
Schedule an appointment with us..
Our Specialties
Not only are we experts in the field for taxation matters of clergy, our people are always here to listen and assist in anyway we can. Whether its personal income tax or full tax returns for the year that you need assistance with please dont hesitate to get in touch by phone or pop in for a friendly chat to see how we can help.
FAQ’s
I don't normally complete an Income Tax return. Should I be doing so?
If you are a stipendiary member of the clergy, you should be completing a return annually.
I don't have children, can I claim tax credits?
You maybe able to claim the working tax credit element, especially if you are living with a partner and one of you is not working.
I get full expenses from my parish. Do I still need to send a Tax Return?
Yes. In our experience no matter how well the records are kept, you spend more than is reimbursed. In addition, reimbursements are not usually covered by an Inland Revenue dispensation.
Can I claim for a mobile telephone?
Yes. To the extent of business use only.
I have a lodger. Do I need to declare rent?
To simplify matters for those who take in lodgers, there is a special tax relief called “Rent a Room” which enables you to receive rent of up to £7,500 per annum without having to pay tax, although this should still be shown on a tax return.
I let a property on which the rent received just covers the mortgage. Should it be declared?
Yes. There is a specific Property schedule to be completed even if, on paper, you are not making a profit.
Can we choose how to allocate the profit on property income?
Not normally. The proportion should be in accordance with ownership per the Title Deeds.
If I employ your practice will you save me money?
Hopefully. We will complete your Tax return in accordance with prevailing legislation and advise you of the legitimate expenses you can claim.
How can I get Started with you?
Use the contact form below and enter your details
Alternatively call us on 01476 591333
Alternatively call us on 01476 591333
