Tax Diary November/December 2016
1 November 2016 – Due date for Corporation Tax due for the year ended 31 January 2016. 19 November 2016 – PAYE and NIC
1 November 2016 – Due date for Corporation Tax due for the year ended 31 January 2016. 19 November 2016 – PAYE and NIC
Prime Minister Teresa May was full of praise for the announcement from Nissan, and its continuing investment in their Sunderland plant, earlier this week. She
If you are obliged to file a self-assessment tax return for 2015-16, and if you have underpaid tax for this year, and if some of
The UK already has plans in place to reduce corporation tax to 17%. Many small businesses will be intrigued by widespread publicity today that discloses
From 30 September 2016, anyone in England and Wales that pays business rates go online to check their new draft rateable value. From this they
From 6 April 2016, any dividends you receive up to £5,000 are tax-free. Dividends received in excess of this amount will be taxed as follows.
A reminder that you will have to pay penalties if you don’t file your accounts with Companies House by the appropriate filing deadline. Generally speaking,
The removal of mortgage interest relief from tax deductibles for the UK’s buy to let landlords is set to begin its remorseless impact on landlord’s
You may like to check out the following points. In many cases it would seem that local authorities have overall control over who can, or
In a recent tax case, Jerome Anderson v HMRC, the First-Tier Tribunal denied a football agent relief for trading losses. The judges’ arguments centred on
The good news is you can reclaim VAT added to certain expenditure that was paid out prior to your business registration for VAT. HMRC’s instructions
Generally speaking, any business expenditure that you make up to seven years before you actually start trading, is treated for tax purposes as if it
If you use your home for business purposes, rent out parts of your home whilst you are still in residence or if you rent out
1 October 2016 – Due date for Corporation Tax due for the year ended 31 December 2015. 19 October 2016 – PAYE and NIC
Any buy to let landlord that presently claims a tax deduction for mortgage interest is likely to be adversely affected by changes in the tax