05 Feb 15
A recent report by the Institute of Directors on tax has stated what a lot of us already think, that the system is punitive and excessively over-complicated. Indeed, the leading article in one of last weekend’s newspapers was that millions of tax payers are being asked to needlessly fill in self-assessment tax returns.
14 May 15
Now that the dust has settled on the General Election frenzy, and we settle down to five years of non-coalition Conservative government, shall we recall what the Tories promised to do on taxation in their election manifesto?
24 Aug 15
08 Mar 16
With the year end of 31 March approaching for many companies it would be useful to consider whether it is a good time to make any necessary expenditure which would save the Corporation Tax (CT) payable on the profits for the year.
14 Jun 16
It was widely reported that the additional 7.5% tax on dividends starting in this tax year would be an additional cost to small business owners looking to extract monies from their company.
18 Jul 16
For several years there has been a generally accepted strategy for the most tax efficient remuneration for owner managed businesses.
28 Jul 16
Will The Tax On Dividends Affect You? Luke Thomas tells us more as part of the 2 Minute Masterclass series. Subscribe for more and if you are looking for video or podcast production in Brighton and Sussex then check out Laura Evans' website at http://www.lauraofbrighton.co.uk.
15 Nov 16
A UK limited company pays corporation tax on its taxable profits for each accounting period. Corporation tax is due 9 months and 1 day after the accounting period end.
29 Oct 18
A company is required to file its corporation tax return within 12 months after the end of the accounting period that it covers. A penalty will be payable if the corporation tax return is filed late.
29 Oct 18
A certificate of residence is required to claim tax relief in another country if the company pays tax on its foreign income in the UK. If the company has already paid the tax it may be due a tax refund.
27 Feb 19
According to HM Revenue & Customs approximately 746,000 self-assessment tax returns for the 2017-18 tax year were not filed by the 31 January 2019 filing deadline.
06 Mar 19
If as a UK tax resident you are considering selling a second home or residential investment property situated in the UK or overseas, there are going to be changes to the reporting requirements which are due to come into effect from 6 April 2020.