Accountum | News

PAYE payment dates

11/12/2019

We would like to remind employers about the electronic PAYE payment dates. The due date for

Capital Gains Tax reliefs for businesses

11/12/2019

If you are in business as a self-employed sole trader or as part of a partnership, then you will be

Basic Income Tax reliefs

11/12/2019

As we are now almost three-quarters of the way through yet another tax year it can be useful to

Basic Corporation Tax reliefs

11/12/2019

There are a significant number of reliefs that can reduce the amount of Corporation Tax your company

VAT Flat Rate Scheme capital expenditure

11/12/2019

The VAT Flat Rate scheme (FRS) has been designed to simplify the way a business accounts for VAT and

Inheritance Tax Agricultural Property Relief

11/12/2019

There are a number of reliefs available that can reduce liability to IHT. The most relevant for

When National Insurance Credits can be claimed

11/12/2019

National Insurance credits can help qualifying applicants to fill gaps in their National Insurance

X-factor Charity single

11/12/2019

The Government will waive the VAT equivalent on the sales of this year’s X Factor Celebrity

Updated calculator on calculating holiday entitlement

5/12/2019

The Government has published a revised holiday entitlement calculator, intended as a temporary

Shared parental leave entitlements

4/12/2019

The shared parental leave and pay rules offer working parents’ far greater choice as to how

Child Benefit tax charge

4/12/2019

The High Income Child Benefit tax charge could apply to you or your partner if either of your

Loss of tax personal allowance

4/12/2019

If your income is expected to exceed £100,000 for the first time, we would like to remind you

New advisory fuel rates published

4/12/2019

Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The

Accounting periods if company has two or more trades

4/12/2019

A tax accounting period for Corporation Tax purposes cannot exceed a 12 month period. If company

Income excluded from property business

4/12/2019

HMRC publishes a list of income streams that are excluded from a UK property businesses' taxable

When Inheritance Tax applies to pensions

4/12/2019

Inheritance Tax (IHT) is levied on a person’s estate when they die and can also be payable

Tax Diary December 2019/January 2020

28/11/2019

1 December 2019 - Due date for Corporation Tax payable for the year ended 28 February 2019. 19

Affected by the recent floods?

27/11/2019

The Government has put a number of emergency flood measures in place to help those affected by the

Avoiding tax scams

27/11/2019

Fraudsters are continuing to target taxpayers with scam emails in advance of the 31 January deadline

Using your own vehicle for work?

27/11/2019

If you are an employee and use your own money to buy things you need for your job, you can sometimes

Basic tax considerations if you come to work in the UK

27/11/2019

If you come to live in the UK there are basic tax considerations that you will need to observe. Most

Gifts Hold-Over Relief

27/11/2019

Gift Hold-Over Relief is effectively a deferral of Capital Gains Tax (CGT) when assets are given

Life policies and Inheritance Tax

27/11/2019

A life policy is a contract with an insurance company. In exchange for premium payments the

VAT Standard Retail Schemes

27/11/2019

VAT retail schemes are a special set of schemes used by retail businesses to account for VAT. The