Posted in Business
The cash basis scheme helps many sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. The scheme is not open to limited companies and limited liability partnerships. It allows qualifying
Continue readingPosted in Income Tax
A recent press release by HMRC revealed some of the oddest excuses for submitting a late tax return. The excuses ranged from the sublime to the ridiculous and included:
I couldn’t file my return on time as my wife has been seeing aliens and won’t
Continue readingPosted in General
HMRC has published a press release following the financial collapse of Carillion. Given the current uncertainty for subcontractors, HMRC understands that some businesses will be experiencing problems paying their tax bill.
HMRC is reminding
Posted in Tax Diary
1 February 2018 – Due date for corporation tax payable for the year ended 30 April 2017.
19 February 2018 – PAYE and NIC deductions due for month ended 5 February 2018. (If you pay your tax electronically the due date is 22 February 2018)
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