September 2010 Tax Diary

Just a quick reminder about tax deadlines that are due during September:

1 September 2010

- Due date for corporation tax due for the year ended 30 November 2009.

19 September 2010

- PAYE and NIC deductions due for month ended 5 September 2010. (If you pay your tax electronically the due date is . . . → Read More: September 2010 Tax Diary

August 2010 Tax Diary

Just a reminder of some deadline that are approaching during August:

1 August 2010

- Due date for corporation tax due for the year ended 31 October 2009.

19 August 2010

- PAYE and NIC deductions due for month ended 5 August 2010. (If you pay your tax electronically the due date . . . → Read More: August 2010 Tax Diary

Tax Diary – June 2010

Just a reminder that the following deadline are due during June:

1 June 2010

Corporation tax due for the year ended 31 August 2009.

19 June 2010

PAYE and NIC deductions due for month ended 5 June 2010. (If you pay your tax electronically the due date is 22 June 2010)

Deadline for filing . . . → Read More: Tax Diary – June 2010

Tax Diary for January 2010

Just a reminder of important tax deadlines that are coming up in Janauary: 

1 January 2010

- Due date for corporation tax payable for the year ended 31 March 2009.

19 January 2010

- PAYE and NIC deductions due for month ended 5 January 2010. (If you pay your tax electronically the due . . . → Read More: Tax Diary for January 2010

Pre-Budget Report – Tax Changes

National Insurance

From 6 April 2010:

The lower earnings Limit will increase by £2 a week to £97 per week Class 2 rate for Volunteer Development Workers will increase by 10p to £4.85 per week. NIC rates are to remain unchanged.

From 6 April 2011

The main rates of NIC will increase by an . . . → Read More: Pre-Budget Report – Tax Changes

Client Entertaining – VAT, Corporation Tax and National Insurance implications

Client entertaining is a common expense that businesses incur, but the vast majority do not know realise the tax issues arising from this type of expenditure. It is important to get these correct – on the most basic level so that you are fully aware of the costs of entertaining and because if you . . . → Read More: Client Entertaining – VAT, Corporation Tax and National Insurance implications