Category: Tax Returns

Tax e-News June 2024

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

REPORT EMPLOYEE BENEFITS ON FORM P11D BY 6 JULY
2023/24 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY
SHOULD EMPLOYEES REIMBURSE THEIR EMPLOYER FOR PRIVATE FUEL?
HMRC OFFICIAL RATE OF INTEREST REMAINS AT 2.25%
SHOULD DIRECTOR/SHAREHOLDERS TAX ADVANTAGE OF THIS LOWER RATE?
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS -JUNE/JULY 2024

Tax e-News February 2024

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

YEAR END TAX PLANNING
USE A LIFETIME ISA (LISA) TO SAVE FOR YOUR FIRST HOME
PENSION PLANNING
CAPITAL GAINS TAX PLANNING
CAPITAL EXPENDITURE PLANNING
GET READY FOR MORE R&D CHANGES
ADVISORY FUEL RATE FOR COMPANY CARS
DON’T BE LATE IN PAYING YOUR PERSONAL TAX BILL
DIARY OF MAIN TAX EVENTS – FEBRUARY/MARCH 2024

Tax e-News March 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

WILL THE SPRING BUDGET STIMULATE ECONOMIC GROWTH?
“NUDGE” LETTERS FROM HMRC ABOUT R&D CLAIMS
PENALTIES FOR CARELESS AND DELIBERATE ERRORS
YEAR END TAX PLANNING
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – MARCH/APRIL 2023

Tax e-News July 2022

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

CHILDCARE ACCOUNTS CAN SUBSIDISE SUMMER CAMP COSTS
PENALTIES FOR OVERCLAIMED SEISS GRANTS
REPORTING SEISS GRANTS ON 2021/22 TAX RETURNS
MTD FOR VAT – NEW GUIDANCE ON PENALTIES FOR NON-COMPLIANCE
R&D TAX CREDIT REPAYMENTS DELAYED
DIARY OF MAIN TAX EVENTS – JULY/AUGUST 2022

Tax e-News February 2022

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

WILL THERE BE A MINI BUDGET ON 23 MARCH?
HMRC HAVE PUT BACK TAX RETURN DEADLINE
YOU ALSO HAVE LONGER TO PAY YOUR PERSONAL TAX
NEW VAT PENALTY REGIME DELAYED TO JANUARY 2023
PLANNING TO SELL YOUR BUSINESS IN 2022?
PASSING ON YOUR BUSINESS TO THE NEXT GENERATION
WHAT ABOUT A MANAGEMENT BUY-OUT?
SALE OF COMPANY TO EMPLOYEE SHARE OWNERSHIP TRUST
COMPANY BUY BACK OF SHARES AS AN ALTERNATIVE EXIT
DIARY OF MAIN TAX EVENTS – FEBRUARY/MARCH 2022

Tax e-News September 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

SEPTEMBER IS THE LAST MONTH FOR CJRS “FURLOUGH” GRANTS
DEALING WITH REDUNDANCIES CORRECTLY
5% RATE ON TOURISM AND HOSPITALITY ENDS 30 SEPTEMBER
BIG TAX BILLS FOR THE SELF-EMPLOYED IN 2022/23
ACCOUNTING FOR IMPORT VAT ON YOUR VAT RETURN
NOTIFY OPTION TO TAX LAND AND BUILDINGS WITHIN 30 DAYS
DIARY OF MAIN TAX EVENTS
SEPTEMBER / OCTOBER 2021

Tax e-News August 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

COMPANY LOSS RELIEF CAN BE CLAIMED EARLY
GUIDANCE ON SEISS TURNOVER TEST ISSUED BY HMRC
OFF-PAYROLL WORKING, WILL HMRC ACCEPT CEST RESULT?
MTD COMING SOON FOR INCOME TAX
INFORMATION IN QUARTERLY MTD FOR INCOME TAX REPORTS
TIMING OF MTD FOR INCOME TAX REPORTS
ABOLITION OF BASIS PERIODS AND NEW TAX YEAR END?
DIARY OF MAIN TAX EVENTS AUGUST / SEPTEMBER 2021

Making Tax Digital (MTD) for Income Tax

Current H M Revenue & Customs guidance indicates that self-employed businesses and landlords with annual business or property income above £10,000 will […]

Tax e-News January 2020

In our newsletter for January 2020:

Conservative Party Elected With Working Majority
Finance Bill Should Now Proceed
Advisory Fuel Rate For Company Cars
New Year’s Resolutions To Save Tax
Pension Planning
Gifts Out Of Surplus Income
Passing On The Family Home
Diary Of Main Tax Events January/February 2020

Tax e-News December 2018

In our newsletter for December 2018:

Christmas is the time for giving
The IHT annual exemption – use it or lose it!
Gifts out of income are not taken into account for IHT
Certain gifts can have capital gains tax consequences
Not all shares qualify for CGT entrepreneurs’ relief now
Gifts of up to £50 to employees
Gifts to charity
Collecting unpaid tax For 2017/18 through your PAYE coding
Diary of main tax events December 2018/January 2019