17-01-2012
The filing deadline for the submission of 2011 personal, trust and partnership tax returns is 31 January 2012. Late filing of a return, irrespective of whether there is a tax liability, will result in a penalty payment arising. Click on title for more information...
The last date for obtaining a Self assessment reference number if newly self employed is 21 January 2012. Without an SA reference number it will not be possible to file online.
The deadline for filing 2011 paper returns (31 October 2011) has long passed and filing of paper returns will now result in an automatic penalty.
The automatic levying of penalties by HMRC is a change from 2011 onwards |
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06-12-2011
From 1 December 2011 HMRC has announced new rates for all journeys. Employers have one month from that date to apply the changes. Click on title for new rates. |
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05-12-2011
HMRC has just issued VAT notes No 4 of 2011.
The notice incudes:
- Guidance on registering to submit VAT returns on line - now essential for ALL businesses before April 2012;
- VAT on Postal services - now amended;
- Changes to Intrastat submissions from 1 April 2012;
- From 5 April 2012 HMRC will be able to ask employers to pay a security where there is serious risk that they won’t pay over their PAYE or Class 1 NICs;
- A list on new and revised VAT publication from HMRC between August and November 2011;
For more information CLICK HERE
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21-11-2011
HMRC has issued new VAT leaflets relating to:
Land and Buildings;
Catering & Takeaway Food
Motoring Expenses; and
Business Entertainment
Click on paragraph title for more information |
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31-10-2011
Changes to penalties for late construction industry scheme (CIS) returns came into effect on 6 October 2011. |
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19-10-2011
The legislation, which comes into force on 1st October 2011, gives agency workers the entitlement to the same basic employment and working conditions as if they had been recruited directly, if and when they complete a qualifying period of 12 weeks in the same job.
Click on agency workers regulations for more information
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18-10-2011
Dental Associates trading through limited companies with predominantly NHS income need to take action before 7 November 2011. |
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27-09-2011
All companies filing an Annual Return with a made up date on or after 1st October 2011 will need to use the new codes. When filing your Annual Return via WebFiling you will be asked to select a new 5 digit SIC code. For information on the changes click on title...................................... |
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19-09-2011
From April 2012 HMRC will require most businesses to file their VAT returns electronically vie the internet. It is therefor now important that registered traders not yet using this method register as soon as possible. |
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27-07-2011
If you are considering employing students and remunerating them (as opposed to them completing an unpaid internship) this summer then click on title for more information about the tax implications. We recommend that all staff should be put on your business's payroll. |
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