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What does the General election mean for tax?

Posted: January 17, 2020

Following the General election on 12 December, Prime Minister Boris Johnson has confirmed that Sajid Javid remains as Chancellor of the Exchequer and no other changes at HM Treasury have been announced. The Prime Minister has however, confirmed that a more significant cabinet reshuffle will take place after the UK leaves the EU on 31 […]

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January Key tax dates

Posted: January 6, 2020

1 – Due date for payment of Corporation Tax for the year ended 31 March 2019 14 – Return and payment of CT61 tax due for quarter to 31 December 2019 19/22 – PAYE/NIC, student loan and CIS deductions due for month to 5/1/2020 or quarter 3 of 2019/20 for small employers 31 – Deadline […]

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Should I incorporate my business?

Posted: December 29, 2019

As things currently stand, the expected cut in the main rate of corporation tax to 17% from April 2020 is unlikely to happen, but current corporation tax rates remain pretty favourable. There are also other areas where company formation may help save tax. The costs and regulations involved with running a company are usually greater […]

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