Tax Diary October/November 2024
1 October 2024 – Due date for Corporation Tax due for the year ended 31 December 2023. 19 October 2024 – PAYE and NIC deductions
1 October 2024 – Due date for Corporation Tax due for the year ended 31 December 2023. 19 October 2024 – PAYE and NIC deductions
Most gifts made during a person’s lifetime are not subject to tax at the time of transfer. These gifts, known as “potentially exempt transfers” (PETs),
You can typically claim tax relief on private pension contributions up to 100% of your annual earnings, subject to certain limits. Tax relief is applied
HMRC together with the Department for Work and Pensions (DWP) have issued a press release urging tens of thousands of people to check if they
There are late filing penalties which are designed to encourage companies to file their accounts and reports on time. All companies, private and public, large
More than 670,000 18-22 year olds, yet to claim their Child Trust Fund, are reminded to cash in their stash as HM Revenue and Customs
There is no present mansion tax or wealth tax in the UK, but there is speculation that the Labour Party may be tempted to introduce
Late payments are a huge headache for small businesses across the London UK, costing SMEs around £22,000 per year on average. In fact, it’s estimated
Under UK law, the Proceeds of Crime Act 2002 (POCA) sets out the framework for tackling money laundering and the handling of criminal proceeds. Certain
In the UK, business owners are grappling with inflation, labour shortages, access to finance, and supply chain disruptions, all of which are affecting business operations,