Tax Diary April/May 2017
1 April 2017 – Due date for Corporation Tax due for the year ended 30 June 2016. 19 April 2017 – PAYE and NIC deductions
1 April 2017 – Due date for Corporation Tax due for the year ended 30 June 2016. 19 April 2017 – PAYE and NIC deductions
Clients often ask if working from home is going to create issues from a tax point of view. There are a number of scenarios to
Next week sees the end of the 2016-17 tax year. On the 6 April 2017, any action you take to minimise your tax liabilities for
The government have launched a new website aimed at parents who may be able to claim for support with childcare costs. The web address is
If you want to keep an eye on documents filed with Companies House for a particular company, you can register for a new service that
Unless there are further political objections, one of the few remaining revenue raising changes in the recent spring budget was the reduction in the £5,000
Another matter that received some clarification last week was the government’s move to implement MTD for the self-employed from April 2018. When the scope of
Although there was little of substance to Philip Hammond’s budget last week, one particular issue caused some political controversy. It was the proposal to increase
A new strategy is calling on employers to boost the number of older workers and ensure they are not writing people off once they reach
Personal Tax and miscellaneous matters Personal Tax allowance The personal allowances for 2017-18 is £11,500 (2016-17: £11,000). Transferrable allowances The maximum amount of free personal
Although the financial impact of this allowance is relatively low, it is surprising that there has not been more uptake of the Marriage Allowance since
We have now seen the response of HMRC to representations made by accountants and other interested parties to their Making Tax Digital (MTD) agenda. A
In no particular order changes already announced include: The personal tax allowance will increase to £11,500 and the higher rate threshold will rise to £45,000.
Property business owners, particularly buy-to-let landlords, have been hit with a number of quite dramatic changes in their tax status. One of the most draconian
A search is underway to recruit the UK’s first Small Business Commissioner. The commissioner will be a high profile role supporting small businesses in payment