There are obvious benefits to your personal wellbeing if you sweat it out at the gym three times a week: improved stamina, enviable muscle tone, endorphin buzz and unwanted pounds shed. But could your business benefit from a similar process?
We are not suggesting that business...
3 days 6 hours ago
According to a recent government announcement, 32 million people will be better off as the Finance Bill 2018-19 receives Royal Assent.
Treasury pundits who wrote the announcement said:
A basic rate taxpayer will payat least £1,200 less income tax than they did in 2010, thanks to...
5 days 6 hours ago
The deadline for filing 2017-18 self-assessment tax returns without paying a penalty for late submission has passed (31 January 2019).
But a new and pressing deadline now presents itself: 5 April 2019.
As we have outlined in previous posts, most tax planning needs to be considered...
1 week 3 days ago
Last year, the 23 May 2018 to be precise, the UK adapted the General Data Protection Regulations (GDPR). The deadline created a rush of publicity and activity as businesses across the UK pored over their data processing systems, making changes to accommodate the new rules.
After the...
1 week 5 days ago
In what amounts to a single-issue mini-budget the Treasury posted a welcome announcement for the manufacturers and consumers of alcoholic products last week. They said:
The Chancellor announces that alcohol duties are frozen
From today, (1 February 2019) taxes on beer, cider and...
2 weeks 3 days ago
Recession literally means “the act of going back, of receding…”
Economic pundits have hijacked the word to mean “a period of temporary economic decline during which trade and industrial activity are reduced…”. It is usually heralded by a fall in Gross Domestic Product (GDP)....
2 weeks 5 days ago
1 February 2019 - Due date for Corporation Tax payable for the year ended 30 April 2018.
19 February 2019 - PAYE and NIC deductions due for month ended 5 February 2019. (If you pay your tax electronically the due date is 22 February 2019)
19 February 2019 - Filing deadline for the...
2 weeks 6 days ago
A reminder that from 1 April 2019, VAT registered traders with turnover in excess of the current VAT registration limit, £85,000, will need to file returns after 1 April 2019 linked to HMRC’s Making Tax Digital (MTD) systems.
Accounts software providers have been working at some...
2 weeks 6 days ago
You can give away £3,000 worth of gifts each tax year (6 April to 5 April) without them being added to the value of your estate. This is known as your ‘annual exemption’.
You can carry any unused annual exemption forward to the next year - but only for one year.
Each tax year, you...
2 weeks 6 days ago
Options for adopting 99% of tax planning opportunities for 2018-19 ends on 5 April 2019, just a couple of months away.
This applies equally to individuals and all businesses with an accounting year end close to, but prior to 5 April 2019.
More importantly, this planning option...
2 weeks 6 days ago
Pages
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How lean is your business? https://t.co/rHDEKhPU9e -
Parliament eases through Finance Act 2019 https://t.co/VAOHSzc2vt
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Goodbye 2017-18 and hello to 2018-19 https://t.co/XD2ZhhHnuI
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What was all the fuss about? https://t.co/DWnNnmoFmu
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How to cope with recession https://t.co/no2P9d4L5T
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Are you ready for the VAT filing changes? https://t.co/peouSD4srO
