1 October 2017 - Due date for Corporation Tax due for the year ended 31 December 2016. 19 October 2017 - PAYE and NIC deductions due for month ended 5 October 2017. (If you pay your tax electronically the due date is 22 October 2017.)…
Day: 3 October 2017
Pay your VAT monthly
If you find it difficult to manage quarterly payments to HMRC to settle your VAT, why not consider the VAT Annual Accounting Scheme (AAS). With the AAS you: make nine payments on account towards your annual VAT bill - based on your last returns (or…
Self-employed tax payments
Self-employed persons and other individuals who submit a self-assessment (SA) tax return should bear in mind that there are only three months until the electronic filing and payment deadline for 2016-17, 31 January 2018. If you have not filed the 2016-17 SA return yet, or…
What are tax-free transfers for Inheritance Tax purposes
There are many reliefs for IHT purposes. They include: Business Property Relief – 100% relief for business assets including an interest in a business, a controlling interest comprising unquoted shares including AIM listed shares, and unlisted shares in a private company. Agricultural Property Relief –…