by admin | Jul 10, 2025 | Uncategorized
The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025. If you are finding it difficult to meet this tax bill, there are options available to ease the burden. Taxpayers with liabilities of up to £30,000 can use the...
by admin | Jul 10, 2025 | Uncategorized
Capital Gains Tax on certain residential property sales must be reported and paid within 60 days to avoid penalties and interest. The annual exempt amount applicable to Capital Gains Tax (CGT) is currently £3,000. CGT is normally charged at a simple flat rate of...
by admin | Jul 10, 2025 | Uncategorized
Employers must act now to meet the deadline for paying Class 1A NICs for 2024–25 to avoid HMRC penalties. These contributions are due by 19 July 2025 if paying by post, or by 22 July 2025 for electronic payments. Class 1A NICs apply to most taxable benefits...
by admin | Jul 9, 2025 | Uncategorized
1 August 2025 – Due date for corporation tax due for the year ended 31 October 2024. 19 August 2025 – PAYE and NIC deductions due for month ended 5 August 2025 (If you pay your tax electronically the due date is 22 August 2025) 19 August 2025 –...
by admin | Jul 9, 2025 | Uncategorized
A Tribunal has provided a landmark ruling over employer-employee status in the context of direct payments made under the Care Act 2014, ruling that an LA was not in fact the direct employer of a carer. The appeal revolved around the question of whether the LA was the...
