Tax Diary September/October 2019

Oct 02, 2018

1 October 2018 - Due date for Corporation Tax due for the year ended 31 December 2017.

19 October 2018 - PAYE and NIC deductions due for month ended 5 October 2018. (If you pay your tax electronically…

Read more

Powers of attorney

Sep 27, 2018

As we will possibly live on until our 80s and beyond, and as that may involve coping with disability of one form or another, the need for consideration of support as we get older is ever more pertinent.

Readers…

Read more

Cash is king

Sep 25, 2018

If the present wrangling over the terms of our exit from the EU result in terms that disadvantage UK businesses, what can we do now to protect our hard-earned business assets?

It is difficult…

Read more

Selling the garden shed?

Sep 20, 2018

When you are selling your home, you are likely to be selling a range of fixtures and fittings. For example:

• White goods, washing machines, fridges, cookers etc,

• Furniture,

•…

Read more

Evidence or assertion?

Sep 17, 2018

In a recent tax case, three taxpayers asserted that cleaning costs of work clothes amounted to £2,200 a year and HMRC disagreed.

The facts were compelling. Each of the appellants worked in the…

Read more

Self employed liability

Sep 13, 2018

If you are a sole trader, or in a basic partnership, and if your business gets into financial difficulties, any liabilities that cannot be covered by the disposal of business assets may have to settled…

Read more

Planning or regretting?

Sep 11, 2018

As we have outlined in recent posts, change is upon us and come the end of March next year, the combination of Brexit and the advent of Making Tax Digital (MTD) will change much that we have taken for…

Read more

What is side-ways loss relief?

Sep 10, 2018

If a business owner makes a loss as a self-employed person, they can set off the losses against any other earnings of the same year. In effect, the business losses are moved side-ways against other…

Read more

Protect your home

Sep 10, 2018

A government think-tank, the Office for Tax Simplification (OTS), was briefed to consider a non-tax issue, a restricted form of limited liability for sole traders.

At present, a sole trader’s…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up