Completing your tax return may not have been top of your priorities on Christmas Day, but that didn’t stop 2,616 taxpayers from filing their Self-Assessment returns on 25 December 2018.
For some taxpayers completing their return on Christmas Day is as traditional as spending time...
7 months 2 weeks ago
The government is to consider new laws to protect consumers who have prepaid for products when a business becomes insolvent.
• Government to consider new laws to protect consumers who have prepaid for products when a business becomes insolvent
• proposed measures will include...
7 months 2 weeks ago
Time to let your hair down? Enjoy a festive moment or two with your business colleagues and staff? If you are careful with your budgeting, you can enjoy the event without increasing your tax or National Insurance payments. Here’s what you need to consider:
What's exempt?
You might...
8 months 18 hours ago
From a business perspective there is not much to be merry about this year especially if you need some clarity regarding our impending exit from the EU.
Never-the-less, business owners would be wise to consider the tax-free gifts that can be made to ease the financial needs for extra...
8 months 2 days ago
As we have highlighted in many posts to this blog, from 1 April 2019, ALL VAT registered businesses with turnover above the £85,000 VAT registration threshold will have to submit their VAT returns from within software that can link with HMRC’s networks. In techno- speak, your data...
8 months 3 days ago
From 1 November 2018, owners of properties on estates or sites that are obliged to pay service charges to a management company - for example, for the maintenance of common areas, gardens, or the employment of a site warden or caretaker - may be in for an unwelcome surprise.
It would...
8 months 1 week ago
OpRA is the acronym for an optional remuneration arrangement. Before April 2018, these were termed “salary sacrifice” arrangements. Essentially, both are benefits in kind (BiK) offered to employees in place of salary increases.
Recent changes ensure that that where such benefits are...
8 months 2 weeks ago
Truthfully, no one knows what trading conditions will be like once we exit the EU. Will supply chains seize up or will it be business as usual?
If there is a possibility, however remote, that the commercial landscape will change, doesn’t it make sense to undertake an assessment of...
8 months 2 weeks ago
This article is our usual reminder of the tax breaks available if you are organising a Christmas party for your staff.
Many businesses take time out to provide their employees with a work based party or similar event. If you are concerned about the tax consequences of Christmas...
8 months 2 weeks ago
1 December 2018 - Due date for Corporation Tax due for the year ended 29 February 2018.
19 December 2018 - PAYE and NIC deductions due for month ended 5 December 2018. (If you pay your tax electronically the due date is 22 December 2018)
19 December 2018 - Filing deadline for the...
8 months 2 weeks ago
Pages
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Driving and staying in the EU after 31 October 2019 https://t.co/wPkvkEtrYi -
Enhanced redundancy cover for parents https://t.co/co3FPB9Rit
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Low paid workers to qualify for sick-pay https://t.co/kTLsKyzGBE
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Internet giants face tax-hike https://t.co/P0QxjkWVEo
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Tax Diary August/September 2019 https://t.co/elhSv47A3r
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A new business, have you considered your options? https://t.co/SsEm0GzVY1
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Why invest in tax planning? https://t.co/fgXkdCIHJJ
