Day: 4 April 2022

1 April 2022 - Due date for Corporation Tax due for the year ended 30 June 2021. 19 April 2022 - PAYE and NIC deductions due for month ended 5 April 2022. (If you pay your tax electronically the due date is 22 April 2022).…

HMRC issued the following press release 8 March 2022: “HMRC is warning customers not to share sensitive personal information online to avoid their identities being used to commit tax fraud. “HMRC is aware that criminals are attempting to obtain customers’ Government Gateway logins and other…

Individuals with significant income - including the self-employed – are presently required to file one tax return a year. From April 2024, HMRC’s Making Tax Digital program is being expanded to include self-employed individuals and landlords with business or rental income in excess of £10,000.…

In preparation for the introduction of Making Tax Digital for Income Tax Self-Assessment the basis period rules for unincorporated businesses are being abolished. Instead, unincorporated businesses will be assessed on the profits actually earned in the tax year. The new rules take effect from 2024/25,…