In the March Budget it was announced that the Government are considering the introduction of a completely new system of small company taxation and have asked the Office of Tax Simplification (OTS)
Another important announcement in the March Budget was the proposed relaxation in the rules for setting off a company's losses against the profits of future periods. These proposed changes that will allow
Date What’s Due 1 September Corporation tax for year to 30/11/15 19 September PAYE & NIC deductions, and CIS return and tax, for month to 5/9/16 (due 22 September if you pay
One of the anti-avoidance measures being introduced by the latest Finance Bill potentially changes the way that certain payments to shareholders will be taxed. This may result in payments following some company
Despite the new dividend rules and the possible introduction of a new "look-though" entity many unincorporated businesses are still considering trading as a limited company. It is also important to consider the
As set out in this month’s tax diary, individuals are required to notify HMRC by 5 October 2016 if they are not within Self-Assessment and receive income or gains on which tax
Portfolio
