Monthly Archives: January 2011

Self assessment deadline next Monday

A self-assessment return for the 2009/10 tax year must be filed online and by 31 January or HMRC will impose a £100 penalty.  NOTE: The penalty will be reduced to nil is any tax due for 2009/10 is settled by the 31st.

Posted in General news, Personal, Taxation | Leave a comment

New HMRC guidance on Residence, Domicile and the Remittance Basis

HMRC have published a revised version of booklet HMRC6: Residence, Domicile and the Remittance Basis. A copy of the new booklet can be downloaded direct from the HMRC website.

Posted in General news, International Tax, Personal, Taxation | 1 Comment

PAYE payment dates alert

HMRC are tightening the rules on the payment of taxes.  To avoid paying late employers must ensure HMRC have cleared funds by the due date or, if the due date falls on a non-banking day, by the last bank working day before … Continue reading

Posted in Employees, Employers, General news, Taxation | Leave a comment

20% VAT from 4th January 2010

Most businesses should now be aware of the increase in the standard rate of VAT to 20% on 4th Janauary 2010, however, many are still unsure of the detail.  Set out below are a few of the important issues for … Continue reading

Posted in General news, Taxation, VAT | 1 Comment