The Chancellor George Osbourne’s statement contained some key announcements on personal and business taxation....
Recent statistics show that new businesses are not taking advantage of the government’s NI-free...
As we are fast approaching the end of the tax year for 2011/12 we...
TOPICAL TIPS QUIRKS IN THE TAXATION OF SOME LAND ASSET SALES There are times...
At present newly-registered businesses and those with turnovers exceeding £100,000 are required to submit their VAT returns online and pay electronically. All other VAT-registered businesses can submit a paper return and do not have to pay electronically. This is to change in April when all VAT registered businesses in the UK regardless of turnover will … Continued
Between January and March 2012 HM Revenue and Customs are sending out revised tax codes for the tax year which begins on 6th April 2012. Not everyone will receive a notice of coding but, where a tax code is sent out, it is advisable to check it in advance and to raise any problems with … Continued
31 January 2012 Many individuals don’t have the cash to pay their tax by the 31 January so HMRC charge interest and penalties on any outstanding liabilities. You must pay any tax you owe by 31 January following the end of the tax year. For example, for the tax year 2010/11 (ending on 5 April … Continued