by MAS | Mar 29, 2019 | Financial news, HMRC, Tax
As the beginning of the 2019/20 tax year approaches, a handful of significant changes to tax and business legislation are set to take effect. Rising National Living Wage (NLW) and National Minimum Wage (NMW) rates From 1 April 2019, the NLW for employees aged 25 and...
by MAS | Mar 29, 2019 | Financial news, HMRC, Tax
1 April Making Tax Digital for VAT set to take effect. 5 April Last day of 2018/19 tax year. Deadline for 2018/19 ISA investments and pension contributions. Last day to make disposals using the 2018/19 CGT exemption. 14 April Due date for income tax for the CT61...
by MAS | Mar 20, 2019 | Budget, Financial news, HMRC, Making Tax Digital, MTD, Tax
Amidst all the Brexit debates, the Chancellor Philip Hammond presented his second Spring Statement on Wednesday 13 March 2019. In his speech the Chancellor provided an update on the economy and responded to the Office for Budget Responsibility forecasts Personal Tax...
by MAS | Mar 20, 2019 | Financial news, HMRC, Tax
For most individuals their residence is their main asset. Where transactions in connection with the property are undertaken without professional advice the tax costs can be unexpected and in many cases the costs could have been avoided with the right advice. The...
by MAS | Mar 18, 2019 | Financial news, HMRC, Tax
The following Tax Events are due on 31st March 2019: Personal Tax Events Last minute planning for tax year 2018/19 The final deadline of 5th April 2019 is relevant to individuals who have not considered year end tax planning issues. These issues include: utilising...
