Day: 6 June 2022

1 June 2022 - Due date for corporation tax due for the year ended 31 August 2021. 19 June 2022 - PAYE and NIC deductions due for month ended 5 June 2022. (If you pay your tax electronically the due date is 22 June 2022).…

If you pay for the fuel used in your company car you are entitled to recover the cost of the fuel – for business journeys - based on agreed Advisory Fuel Rates (AFRs), from your employer. If the agreement with your employer is that you…

If your business processes materials or assembles goods for sale it will need to keep a stock of items to ensure that future sales can be met. Ideally, stock levels should be kept to a minimum such that hard won cash reserves are not tied…

There are a number of tax incentives if you own and let a furnished holiday lets property (FHL). They include:   Claiming Capital Gains Tax reliefs for traders (Business Asset Rollover Relief, Business Asset Disposal Relief, relief for gifts of business assets and relief for…