Tax Diary September/October 2015

Sep 01, 2015

 1 September 2015 - Due date for Corporation Tax due for the year ended 30 November 2014.

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

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Higher rate of film tax relief has been given the go ahead.

Aug 26, 2015

Britain is set to attract the production of more films like The Theory of Everything, Gravity and Avengers: Age of Ultron after the Chancellor of the Exchequer, George Osborne announced a new higher…

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Benefit in kind changes

Aug 24, 2015

From 6 April 2016 HMRC are introducing an exemption from paying tax and National Insurance contributions (NICs) on qualifying paid or reimbursed expense payments to employees. This means that where…

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Couple banned from acting as directors

Aug 20, 2015

Mark and Janet Styler have been disqualified from acting as directors for six years for withdrawing funds from Window & Conservatory Options Limited after they had been told the company was insolvent…

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Paid too much or too little tax

Aug 18, 2015

 HMRC have issued a press release advising tax payers that they are sending out annual statements for the tax year to 5 April 2015.

The statements are styled P800 forms and summarise income…

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HMRC takes back control of IT services

Aug 13, 2015

HM Revenue and Customs (HMRC) announced earlier this month that it will bring some existing IT services under its direct control, while it continues to plan the transition to a new IT delivery model…

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HMRC to extend data gathering powers

Aug 07, 2015

HMRC has had considerable success in using third party data to better target compliance activity and to tackle the hidden economy. A current consultation by HMRC proposes that these data gathering…

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HMRC roadside fuel testing

Aug 05, 2015

Treasury Minister Damian Hinds visited Belfast and Newry recently as HM Revenue and Customs (HMRC) unveiled new roadside fuel testing equipment to tackle the trade in illicit diesel.

The…

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Good news for mobile phone users

Aug 03, 2015

From June 2017, British visitors to Europe will no longer be charged additional fees for using their mobile phones. This is great news for business people who need to keep in touch with their UK base…

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