Tax Diary August/September 2022

1 August 2022 - Due date for corporation tax due for the year ended 31 October 2021. 19 August 2022 ...
Read More

National Insurance for company directors

Directors are classed as employees and pay National Insurance on annual income from salary and bonuses that exceeds the Primary ...
Read More

Standards for tax agents

HMRC last published guidance on the standard for agents in January 2018 (updating the first set of standards published in ...
Read More

Tax if living abroad and selling UK home

One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions arises on the sale of ...
Read More

Pensions triple lock to be reinstated

The triple lock guarantee on pensions that was suspended for the current 2022-23 tax year is to be restored from ...
Read More

Childcare top-up to cover summer activities

As the school holidays fast approach, many parents face having to organise extra school holiday childcare over the summer months ...
Read More

Tax credits renewal deadline reminder

31 July 2022 is the final day for families and individuals that receive tax credits to tell HMRC about any ...
Read More

CGT during divorce or separation

If you are part of a couple that is about to separate or divorce, apart from the emotional stress, there ...
Read More

Taxpayers who return to the UK

There are tax implications that you will need to consider if you previously left the UK to live abroad and ...
Read More

Corporation Tax – marginal relief from 1 April 2023

The Corporation Tax main rate will increase to 25% from 1 April 2023 for companies with profits over £250,000. A ...
Read More

Claiming Child Trust Fund cash

HMRC has published their latest statistics on Child Trust Funds which reveal that whilst 320,000 accounts have now matured, 175,000 ...
Read More

Concerns about tax repayment agents

HMRC has launched a new consultation seeking views on proposed measures to address consumer protection issues for people who claim ...
Read More