Whilst uncertainty continues over when and how Britain will leave the EU, and how this will affect businesses in the UK it is worth thinking about how the various scenarios could affect your company – what-ever the outcome. The list below is clearly not exhaustive. There are useful and detailed checklists available from Government Website, The British […]
Annual Returns If your charity last did an annual return before 12 November 2018, the system has changed and you will need to ensure that your charity’s information is up to date, and all relevant details are in place on the Charity Commission website. What does your charity need to do? Check that you can log […]
The extension of the “off-payroll” working rules to the private sector mentioned above is planned for April 2020 but in the meantime tax tribunal decisions are still being decided against HMRC. In a recent case involving a radio presenter working for TalkSport, it was decided that the presenter would not have been an employee if […]
Work life balance and flexible working benefits may be more valued than some of the more expensive employee benefits offered by some businesses. Google is well known for providing everything from free food to onsite gyms, while Netflix has joined the bandwagon of firms offering unlimited holidays. What these employers demonstrate is that in the […]
5/10 Deadline for notifying HMRC of chargeability for 2018/19 if not within Self-Assessment and receive income or gains on which tax is due 19/10 PAYE & NIC deductions, and CIS return and tax, for month to 5/10/19 (due 22/10 if you pay electronically) 1/11 Corporation tax for year to 31/01/19, unless quarterly instalments apply 19/11 […]
The Chancellor, Sajid Javid has commissioned a review of the Loan Charge to consider whether the policy is an appropriate way of dealing with disguised remuneration loan schemes used by individuals who entered directly into these schemes to avoid paying tax. The disguised remuneration Loan Charge was introduced to tackle contrived schemes where a person’s […]
Where large or medium-sized organisations are paying workers via personal service companies or agencies they will need to operate new procedures from 6 April 2020. The new rules will apply to partnerships, LLPs and larger charities as well as limited companies. Only those organisations that would be classed as “small” under the Companies Act criteria […]
A record number of young people enrolled in higher education in 2017/2018 according to recent Government statistics, which means that for the first time more than 50% will be attending university. While many students will have recently started their places after the summer break, or are taking their first steps into the world of […]
19 September PAYE & NIC deductions, and CIS return and tax, for month to 5/9/19 (due 22 September if you pay electronically) 1 October Corporation tax for year to 31/12/18 unless pay by quarterly instalments 5 October Deadline for notifying HMRC of chargeability for 2018/19 if not within Self-Assessment and receive income or gains on […]
The Government has announced that there will be a delay to the VAT changes that were due to come into effect on 1 October. The Domestic Reverse Charge (known as the Reverse Charge) will now start on 1 October 2020. The new Reverse Charge, that applies to building and construction services will affect the way that VAT […]
