by MAS | Jun 1, 2022 | CIS, Corporation Tax, Financial news, HMRC, NIC, PAYE
DIARY OF MAIN TAX EVENTS JUNE/JULY 2022 Date What’s Due 01/06 Corporation tax for year to 31/8/21 (unless pay quarterly) 19/06 PAYE & NIC deductions, and CIS return and tax, for month to 5/6/22 (due 22/06 if you pay electronically) 01/07 Corporation tax for year...
by MAS | May 1, 2022 | CIS, Coronavirus, Covid grants, Covid-19, Financial news, HMRC, PAYE, Self employed
HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants. From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were...
by MAS | Mar 31, 2022 | CIS, Financial news, HMRC, MTD, NIC, PAYE
1 April All VAT registered businesses to keep digital records and submit VAT returns under the Making Tax Digital (MTD) regime. 5% late payment penalty on any 2020/21 outstanding tax which was due on 31 January 2022 and still remains unpaid. 5 April Deadline for...
by MAS | Feb 25, 2022 | CIS, Financial news, HMRC, MAS Blog, PAYE
1 March New Advisory Fuel Rates (AFR) for company car users apply from today. 3 March 5% late payment penalty on any 2020/21 outstanding tax which was due on 31 January 2022 and still remains unpaid. 19 March PAYE, Student loan and CIS deductions are due for the month...
by MAS | Jan 10, 2022 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC, PAYE
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm. Mr Sunak said the government would also help certain firms with the cost of sick pay for...
by MAS | Dec 20, 2021 | Business advice, CIS, Financial news, HMRC, NIC, PAYE, Self Assessment, Tax
1 January Due date for payment of corporation tax for period ended 31 March 2021. 14 January Due date for income tax for the CT61 quarter to 31 December 2021. 19 January PAYE, Student loan and CIS deductions are due for the month to 5 January 2022. PAYE quarterly...
