by MAS | May 31, 2019 | HMRC, Tax
1 June New Advisory Fuel Rates (AFR) for company car users apply from today. 19 June PAYE, Student loan and CIS deductions are due for the month to 5 June 2019. 30 June End of CT61 quarterly period.
by MAS | May 28, 2019 | HMRC, PAYE
In a new report, the Office of Tax Simplification (OTS) has called for the Pay as You Earn (PAYE) system to be reviewed, to ensure tax agents can ‘see relevant client information’ and ‘access a number of key services’. The report suggested that...
by MAS | May 20, 2019 | HMRC, Making Tax Digital, MTD, VAT
Making Tax Digital for VAT took effect on 1 April 2019, but only 17% of businesses required to submit digital returns had enrolled by this date. How much time do you have to enrol if you haven’t done so already? VAT periods. The first quarterly VAT period that is...
by MAS | May 8, 2019 | HMRC, Tax
Date What’s Due 01/05 Corporation tax payment for year to 31/07/18 (unless quarterly instalments apply) 19/05 PAYE & NIC deductions, and CIS return and tax, for month to 5/05/19 (due 22/05 if you pay electronically) 01/06 Corporation tax...
by MAS | May 8, 2019 | Business advice, Financial news, HMRC
Last year HMRC carried out a review of rent a room relief and it was proposed that the availability of this relief would be restricted to situations where the taxpayer was resident for at least part of the time when the “lodger” was paying rent. The scheme currently...