Tax Diary June/July 2013
28/05/2013 - More...
1 June 2013 - Due date for Corporation Tax due for the year ended 31 August 2012. 19 June 2013 - PAYE

Don’t miss tax credits renewal deadline
28/05/2013 - More...
Individuals who were claiming tax credits for 2012-13 should be receiving a “Renewing your tax credits –

Transferring the unused Inheritance Tax nil rate band
28/05/2013 - More...
Married couples and registered civil partners are allowed to transfer assets to each other during their

Sleeping partners wake-up call
28/05/2013 - More...
Due to a re-interpretation of the law, HMRC announced that from 6 April 2013 sleeping partners will be

Furnished Holiday Let set-back
28/05/2013 - More...
Last year a case was heard before the First-tier Tribunal that found a Furnished Holiday Let (FHL)

Tax Diary May/June 2013
02/05/2013 - More...
1 May 2013 - Due date for Corporation Tax due for the year ended 31 July 2012. 19 May 2013 - PAYE and

Beware emails purporting to be from HMRC
02/05/2013 - More...
HMRC have made it clear that they do not send taxpayers emails regarding their tax affairs. So the next

General Anti-Abuse Rule (GAAR)
02/05/2013 - More...
Readers may have noted that from the date the Finance Bill 2013 receives a Royal Assent, HMRC will be

Re-opening the stable door
02/05/2013 - More...
Usually, it is necessary to perform an action within a tax year in order to impact your tax liability for

Self Assessment 2013
02/05/2013 - More...
We are already two months into the 2013-14 tax year and those readers who need to file a tax return for

Tax Diary April/May 2013
11/04/2013 - More...
1 April 2013 - Due date for Corporation Tax due for the year ended 30 June 2012. 19 April 2013 - PAYE

Real Time Information (RTI) slow down
05/04/2013 - More...
The following quote is from information recently published to HMRC’s website: ‘HM Revenue & Customs

Mortgage support - Help to buy
05/04/2013 - More...
In the distant past Government supported home buying by offering tax incentives. It has been some years

National Insurance £2,000 employment allowance
05/04/2013 - More...
The Government is to introduce an allowance of £2,000 per year for all businesses and charities to be

New Childcare Scheme from Autumn 2015
05/04/2013 - More...
A new Childcare Scheme will be introduced to support working families with their childcare costs and will

Budget Summary 2013
20/03/2013 - More...
Caught between a rock and a hard place, George Osborne pleaded his case for continued austerity in his

Tax Diary March/April 2013
28/02/2013 - More...
1 March 2013 Due date for Corporation Tax due for the year ended 31 May 2012. 19 March

Self Assessment crack down in South East
28/02/2013 - More...
HMRC issued a press release 12 February 2013 advising “tax cheats” in London and the South East that they

Further reminder of payroll changes April 2013
28/02/2013 - More...
Last month’s newsletter included details of the major change in reporting of PAYE information to HMRC

Finance Bill 2013 draft clauses published
28/02/2013 - More...
The main tax announcements for the 2013-14 tax year, as announced 5 December 2012, have now been

Tax planning for high income earners 2012-13
28/02/2013 - More...
High income earners have until 5 April 2013 to review their tax position for 2012-13. In most cases

Tax Diary February/March 2013
01/02/2013 - More...
1 February 2013 - Due date for Corporation Tax payable for the year ended 30 April 2012. 19 February

Additional tax allowances and reliefs
01/02/2013 - More...
There are a number of tax allowances that can be claimed if certain conditions apply, in some cases these

50,000 businesses targeted by HMRC
01/02/2013 - More...
Businesses that have failed to submit their VAT returns by the due date will be targeted by HMRC this