Date What’s Due 1/05 Corporation tax for year to 31/07/16 (unless quarterly payments apply) 19/05 PAYE & NIC deductions, and CIS return and tax, for month to 5/5/17 (due 22/05 if you
Farmers and other landowners will often be approached by developers seeking to obtain planning permission to build on the land. Great care is needed to avoid unnecessary tax charges on the transaction.
For deaths on or after 6 April 2017 there is now an additional £100,000 inheritance tax (IHT) allowance where the family home is passed on to direct descendants. This was originally announced
The new VAT flat rate of 16.5% started to apply from 1 April 2017 for “limited cost traders”. A "limited cost trader" is one using the VAT flat rate scheme but
Ever since the introduction of the 7.5% increase in the rate of tax on dividends in April 2016, it has been more tax efficient for owner managed business shareholders to pay interest
The introduction of the £5,000 tax free dividend allowance has tempted many family company shareholders to give shares to other family members so that they can be paid £5,000 a year tax