Monthly Archives: September 2020

1 September 2020 - Due date for Corporation Tax due for the year ended 30 November 2019. 19 September 2020 - PAYE and NIC deductions due for month ended 5 September 2020. (If you pay your tax electronically the due date is 22 September 2020) 19 September 2020 - Filing deadline for the CIS300 monthly…

From the 26 March 2020, the following rights of landlords and tenants regarding eviction apply. A summary of the provisions is set out below: The Coronavirus Act 2020 protects most tenants and secure licensees in the private and social rented sectors by putting measures in place that say where landlords do need to issue notices…

If you are faced with making employees redundant, the terms that determine the amount payable may be written into your staff contracts of employment. Otherwise, employees will normally be entitled to statutory redundancy pay if they have been working with you for two years or more. Entitlement is usually based on: half a week’s pay…

If you are presently registered for VAT but your turnover has dropped below £83,000 you could deregister for VAT. However, you do not have to deregister. Disadvantages and advantages of deregistration If you buy significant amounts of goods and services that include a VAT charge, then if you deregister you will not be able to…

Your UK residence status affects whether you need to pay tax in the UK on your foreign income. For example, non-residents only pay tax on their UK income - they do not pay UK tax on their foreign income. Whereas UK residents normally pay UK tax on all their income, whether it’s from the UK…