Essential tax dates for September

1 September New Advisory Fuel Rates (AFR) for company car users apply from today. 19 September PAYE, Student loan and CIS deductions are due for the month to 5 September 2019. 30 September End of CT61 quarterly period.

PAYE RTI penalties to remain risk-based

Following a review, HMRC has decided to continue the risk-based approach to PAYE late filing and late payment penalties for employers throughout the 2019/20 tax year with penalties due to go out from September This means that late filing and late payment penalties...

What you need to know about Making Tax Digital

The deadline for the first round of VAT returns under Making Tax Digital (MTD) was 7thAugust. Many businesses are still not up and running. HMRC are aware of this and currently showing leniency. However it is something that needs addressing as a matter of priority. Do...

Auto enrolment for post-Brexit EU customs system

HMRC is to automatically enrol over 145,000 VAT-registered UK companies into the economic operator registration and identification (EORI) customs system to reduce the risk of Brexit disruption to trade. Less than half of companies required to sign up to the economic...