Tax Diary October/November 2023
1 October 2023 - Due date for Corporation Tax due for the year ended 31 December 2022. 19 October 2023 ...
Clampdown on fake reviews and hidden fees
The Department for Business and Trade published the following announcement, that if implemented, should reduce the present trend to publish ...
Companies House fees increase?
Companies House have published information that suggests their fees may be increasing in the near future. And it’s all to ...
Tax when you sell property
The annual exempt amount applicable to Capital Gains Tax (CGT) is currently £6,000 and is set to be reduced to ...
Closing a limited company
There are a number of reasons why you may consider closing your limited company. This could be because the limited ...
Business asset disposals taxed at 10%
Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s ...
Taking goods temporarily out of Great Britain
There are special rules that must be followed when goods are taken temporarily outside of Great Britain (England, Scotland and ...
Tax on trivial benefits
There is a benefit-in-kind (BiK) trivial exemption that applies to small non-cash benefits like a bottle of wine, or a ...
Back to school – help with childcare costs
As children return to school after the summer break, HMRC is reminding parents that they may be eligible to use ...
Companies urged to file accounts early
Companies House has issued a news update targeted at companies who are due to file accounts by the end of ...
Tracking down lost pension details
Ever had a nagging feeling that you have a pension pot somewhere but have no idea how to track it ...
Reducing self-assessment payments on account
Self-assessment taxpayers are usually required to pay their income tax liabilities in three instalments each year. The first two payments ...