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February • Don’t be late in paying your personal tax bill

February • #05 DON’T BE LATE IN PAYING YOUR PERSONAL TAX BILL Individual’s 2017/18 income tax, CGT, class 2 and 4 NIC liabilities should have been paid by 31 January 2019. Note that if the balance is still unpaid at the end of February 2019 a 5% surcharge penalty is...

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February • Termination payment changes delated to 2020

February • #04 TERMINATION PAYMENT CHANGES DELAYED TO 2020HMRC have announced that the changes to the national insurance (NIC) treatment of termination payments and sporting testimonials have been delayed to 6 April 2020.From 6 April 2020 Employer class 1A NIC will...

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February • No deal Brexit – what about VAT?

February • #01 NO DEAL BREXIT - WHAT ABOUT VAT?The Government and HMRC have updated its collection of high-level guides called “partnership packs”, intended to help businesses involved in importing and exporting prepare for changes to customs procedures after 29 March...

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February • Diary of Main Tax Events February & March

February • DIARY Main Tax Events • February & March 20191st FebruaryCorporation tax for year to 30/04/18 (unless quarterly instalments apply)19th FebruaryPAYE & NIC deductions, and CIS return and tax, for month to 05/02/19. (due 22/02/19 if you pay...

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