Month: March 2021

Tax Diary March/April 2021

1 April 2021 – Due date for Corporation Tax due for the year ended 30 June 2020.

19 April 2021 – PAYE

Calculating Minimum Wage if paid annual salary

New National Minimum Wage and National Living Wage rates will come into effect on 1 April 2021. These

Consider signing up to PROOF scheme

One of the services offered by Companies House helps combat fraud and protect your company from

Have you claimed too much from furlough scheme?

HMRC’s guidance makes it clear that any business that makes an error in making a Coronavirus Job

Disposing of garden or grounds

In general, there is no Capital Gains Tax (CGT) on a property which has been used as a main family

Flat Rate Scheme limited cost trader check

The VAT Flat Rate Scheme has been designed to simplify the way a business accounts for VAT and in so

Incorporation relief

When a taxpayer owns a business as a sole trader or in partnership, a capital gain will be deemed to

What would a business vaccine aim to prevent?

Now we are getting used to the idea that the various vaccines will provide some defence against COVID

Tax-free mileage expenses

If you use your own vehicle for business journeys, then you may be able to claim a tax-free allowance

Changing accounting date

There are special rules in place which limit the ability to change a company’s year end date. A company’s