1st Payment of Corporation Tax for Year To 31st May All Companies with 31st May year-ends 5th Last Day of Tax Year – Ensure all tax planning completed Everyone 6th First Day of Tax Year – A whole year ahead to plan tax Everyone 7th Electronic Payment of VAT for Quarter to 28th/29th February Businesses … Continue reading Upcoming Tax Deadlines – April 2013 →

A new campaign has been announced by the tax office, this time aimed at those who have sold property in the UK or abroad, where CGT should have been paid on any profits made. Properties involved include properties that were given to, or inherited by, the sellers, as well as holiday homes. People will have until … Continue reading People Who Sell Second Properties Targeted →

HM Revenue & Customs has launched a new campaign aimed at reducing the number of employers who include incorrect or dummy information in their employer returns. Every year, thousands of returns containing dummy, incomplete or inaccurate information are submitted to the Revenue. The inaccuracies relate to the personal details of employees, including their names, dates … Continue reading Revenue Launches Campaign Against Inaccurate Employer Returns →

1st Payment of Corporation Tax for Year To 31st May All Companies with 31st May year-ends 7th Electronic Payment of VAT for Quarter to 31 January Businesses completing January VAT Returns 19th Submission of CIS Return to 5th March All Contractors in Construction Industry 19th Manual Payment of PAYE and CIS Tax to 5th March … Continue reading Upcoming March Tax Deadlines →

Summary of Changes Under the existing system of PAYE an employer calculates and deducts tax and national insurance whenever a wage is paid, but does not send details of pay and deductions to the tax office until the end of the tax year. Only upon receipt of this information is it possible for the tax … Continue reading Real Time Information (RTI) – How it affects you →