by Samantha Sutcliffe | May 20, 2022 | NICs, Tax
P60 Deadline – 31 May All employers are legally obliged to issue P60s to employees by 31 May. By that date, employers must give a P60 to all employees on payroll who were working for them on the last day of the tax year (5 April 2022). The P60 summarises the... 
by Samantha Sutcliffe | May 13, 2022 | Business, HMRC, Tax
Basis Period Reform – what it is and how it could affect you Unincorporated businesses – including sole traders, trusts and those businesses working as partnerships, and anyone else that pays tax on trading income – face a major change that will... 
by Samantha Sutcliffe | May 6, 2022 | HMRC, MTD, Tax, VAT
MTD D-Day has arrived – here’s how to make sure you comply Anyone filing VAT returns from April 1, 2022 onwards now has to file their return digitally as HMRC’s Making Tax Digital reaches its next phase. All businesses registered for VAT – even... 
by Samantha Sutcliffe | Apr 29, 2022 | Business, Tax
Get a business health check at the start of the tax year Using up personal allowances is not the only reason you should see your accountant at the start of the tax year, it is also the best time to get a health and wealth check for your business too. The end of the... 
by Samantha Sutcliffe | Apr 1, 2022 | Business, Tax
End of year tax planning – what you need to consider The new tax year on April 6 is accelerating quickly towards us, and now is the time to make sure that any last-minute allowances you may not have made the most of in the 2021/22 tax year are mopped up. There... 
by Samantha Sutcliffe | Mar 22, 2022 | HMRC, Tax
Stamp Duty Land Tax – why this will increase as house prices rise and what you can do to reduce it Stamp Duty Land Tax (SDLT) receipts were somewhat skewed in the last year as the SDLT holiday for properties worth up to £500,000 was phased out on June 30,...