The main tax events for January / February 2021. 1/01 Corporation tax payment for year to 31/3/20 (unless quarterly instalments apply)...
Is it time to review your will and think about the family home?
Now could be the time to review your will. Top of the to do list for many individuals is to make or update their will. Many think this is something to...
Brexit: Accounting for import VAT On your VAT Return
From 1 January 2021, you’ll need to make changes to how you complete your VAT Return if you’re a UK VAT-registered business and account for import...
Annual Investment Allowance
The Chancellor recently announced that the temporary increase in the Annual Investment Allowance (AIA) for expenditure on plant and machinery has been...
New VAT rules for construction sector starts 01.03.2021
New VAT rules for the construction sector are finally due to come into effect this March which will impact on accounting for VAT for transactions....
New years resolution to save tax with pension planning
At this time of year we think about New Year’s resolutions and pension planning could be a great way. It is also a good time to start planning your ...
Diary of main tax events for November / December 2020
Diary of main tax events for November / December 2020: 1/12/20 Corporation tax for year to 28/02/2020 unless quarterly instalments apply...
Gifts to charity and Gift Aid
Where possible taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity. Higher rate taxpayers obtain addi...
Christmas gifts for employees
Have you thought about your Christmas gifts for employees yet? Remember that certain gifts to staff at Christmas are also tax free if structured corre...