Where an error on a past VAT return is uncovered taxpayers have a duty to correct the error as soon as possible.
Tax Time – Dates for February 2019
Your tax dates for the month ahead.
Zeroing in on Xero
As you’ll know by now (we might have mentioned it once or twice!), there are big changes on the way when it comes to your VAT returns.
Tax Time – Dates for December 2018
Your tax dates for the month ahead.
VAT registration and deregistration thresholds
The taxable turnover threshold for VAT registration has been frozen at £85,000 for a further 2 years from 1 April 2020 until 31 March 2022. Learn more now.
2018 BUDGET – AN END TO AUSTERITY?
As previously announced, this was the main theme of the Chancellor Phillip Hammond’s third budget but what we were waiting to hear was where the extra money was going to come from? Had he found a “Magic Money Tree”, or would tax and borrowing have to increase? We now know that the extra money will […]
Tax Time – Dates for November 2018
Your tax dates for the month ahead: 1 November 2018 Payment of corporation tax liabilities for periods ended 31 January 2018 for small and medium-sized companies not liable to pay by instalments. 2 November 2018 Filing date for form P46 (Car) for quarter ended 5 October 2018. 5 November 2018 Deadline for specified employment intermediaries […]
Tax Time – Dates for October 2018
Your tax dates for the month ahead.
Making Tax Digital For VAT Guidance Issued
HMRC have now issued their detailed guidance on the digital record keeping and return requirements for Making Tax Digital (MTD) for VAT.