Tax Diary December 2015/January 2016

Dec 07, 2015

 1 December 2015 - Due date for Corporation Tax due for the year ended 28 February 2015.

 19 December 2015 - PAYE and NIC deductions due for month ended 5 December 2015. (If you pay your…

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Stamp duty land tax change for second home buyers

Dec 03, 2015

Individuals, who are considering the purchase of a second home, or a buy-to-let property, would be advised to complete their purchase before 1 April 2016. From this date new rates of stamp duty land…

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Reduction in bank deposit protection

Dec 01, 2015

From January 2016 the Financial Services Compensation Scheme (FSCS) is changing. Savers have one month left to adjust their bank deposits to the new limits. Here’s the updated information posted to…

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Autumn Statement 25 November 2015

Nov 26, 2015

Announcements for businesses

Support for smaller businesses

The Chancellor reported that the UK’s small and medium sized enterprises now employ…

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Business tax changes confirmed

Nov 23, 2015

The Summer Budget changes formally completed their progress through the legislative process and received royal assent on 18 November 2015.

We have summarised in this posting the main changes…

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New tax free child care scheme

Nov 19, 2015

 A reminder that delays created by legal action to block this new scheme mean that it will not be rolled out until early 2017, a year later than planned.

A top ten summary of the benefits…

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Rent hikes likely as landlords come to grips with tax changes

Nov 17, 2015

Over the next few years changes announced by George Osborne in the Summer Budget 2015 may have profound effects on the level of rents and the availability of rental accommodation in the UK.

 From…

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Dividend Tax changes April 2016

Nov 16, 2015

 It was bound to happen some time...

At present there are considerable savings in National Insurance contributions to be made if a minimal amount is paid as salary and any balance of a remuneration…

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Emails from the tax office

Nov 13, 2015

Generally speaking, HMRC will communicate with you by sending a letter or calling you. It will never ask for personal details by email. Accordingly, you can disregard any emails you receive from HMRC…

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