SJB & Co Chartered Accountants
Key dates in August 2023 Taxpayers must undertake certain tasks, such as filing returns and paying tax, by certain dates. If these deadlines are missed, HMRC may charge late filing and late payment penalties. Interest is also charged on tax paid late. Key dates The key dates in August 2023 are 1 August for corporation […]
Upcoming deadlines – Key dates in August 2023 Read More »
Reminder 31 July tax payments The second payment on account for self-assessment taxpayers is due by 31 July. You should have already received a reminder from HMRC of the amount due and how to pay. Clients unsure as to what to pay should contact us to confirm the amount due. Details of how to pay
Reminder 31 July tax payments Read More »
Business Tax Review 2022-23 THE BASICS: Whether you are self-employed or have your own company your periodic business tax payments will always be based on yearly trading profits and other chargeable gains made in the same period. If you run your business through a company, corporation tax is payable on adjusted business profits (after allowances
Year-end planning for Business Owners Read More »
The Chancellor, Jeremy Hunt, presented his first Autumn Statement against a challenging UK and global economic backdrop. He set out three priorities for the Government, namely stability, growth and public services, and outlined the steps to the achieve these, including a number of tax measures designed to contribute to repair of public finances. Key dates
Autumn Statement -17 November 2022 Read More »
The new Chancellor, Kwasi Kwarteng, revealed his exceptional bid to regenerate the economy by cutting taxes today, 23rd September 2022. He is gambling that this will invigorate growth and this additional activity will provide the tax revenues to fund his tax cuts. Most pundits are reporting that this “mini” budget contains the biggest tax cuts
Mini Budget – 23 September 2022 Read More »
There is just over a month to go before the end of the tax year. If you have not already started to do so it is time to start reviewing your finances to consider any actions required by 5 April. If your business year-end is also at the end of March then there will be
How will budget changes affect you? The Chancellor, Rishi Sunak, presented his 2021 Budget on 3 March 2021. The extent to which the measures will affect you will depend on your personal circumstances. This report is split for your convenience into three sections: Impact on individuals Impact on the self-employed Impact on small company owners
