Tax Diary August/September 2021
1 August 2021 - Due date for Corporation Tax due for the year ended 31 October 2020. 19 August 2021 - PAYE and NIC Read more..
Reforming statutory sick pay
Following its summer 2019 consultation entitled “Health is everyone’s business: proposals for reducing ill Read more..
SEISS – more red tape
Government support to the self-employed through the Self-Employment Income Support Scheme (SEISS) is due to end on 30 Read more..
Tax-free gains on gifts to spouse or charity
In most cases, there is no Capital Gains Tax (CGT) to be paid on the transfer of assets to a spouse or civil partner. There Read more..
Who pays Inheritance Tax?
Inheritance Tax (IHT) is commonly collected on a person’s estate when they die but can also be payable during a person’s Read more..
Turnover defined for 5th SEISS grant
HMRC has published new guidance to help the self-employed calculate their turnover for making a claim under the 5th Read more..
Who counts as CIS contractor or sub-contractor?
The Construction Industry Scheme (CIS) is a set of special rules that affect tax and National Insurance for those working in Read more..
Continuous employment defined
When a new employee is added to the payroll it is the employers' responsibility to ensure they meet the employees’ rights. Read more..
National Minimum Wage reminder for summer staff
We would like to remind any students and seasonal staff that work part time, for example in a summer job, to ensure they are Read more..
Inheritance Tax Business Relief
There are a number of reliefs available that can reduce liability to IHT if you inherit the estate of someone who has died. Read more..