• Did you miss the Self-Assessment deadline?

    Are you among the over 958,000 taxpayers that missed the 31 January 2020 filing deadline for 2018-19 Self-Assessment returns? If you missed the filing deadline you will be charged

  • Travel to EU during transition period

    For the time being, travel between the EU and UK continues as before. This means that if you have any travel plans to the EU during the rest of 2020 you can expect the pre-Brexit

  • Reviewing clients using VAT Flat Rate Scheme

    If you have clients that have been adversely affected by the new 'limited cost trader' test that was introduced on 1 April 2017, you should consider whether it will be more

  • Reminder of important CGT change from April 2020

    A major change to the way Capital Gains Tax (CGT) is reported and paid will come into effect from 6 April 2020. Currently, the usual due date for paying any CGT owed to HMRC on

  • Still time to plan for tax year 2019-20

    As the deadline for submitting your 2018-19 tax return has passed, now is a good time to focus on the 2019-20 tax year. It is important to carry out an annual review and ensure

  • Points to consider during transition period

    Now that the formal Brexit withdrawal agreement is agreed, there will be changes to the rules for living, working, travelling and doing business in the UK and EU. These changes are

  • Changes to NIC from April 2020

    The Chancellor, Sajid Javid, has confirmed that a Conservative manifesto promise to increase the National Insurance contributions (NIC) thresholds to £9,500 will apply from

  • Farm payments during the transition period

    The Chancellor recently announced that the level of funding for direct payments for farmers would continue for 2020 at the same rate as 2019. This has now been confirmed by the

  • Tax Diary February/March 2020

    1 February 2020 – Due date for Corporation Tax payable for the year ended 30 April 2019.

    19 February 2020 – PAYE and NIC deductions due for month ended 5 February 2020. (If you

  • Exporting goods to EU after 31 January 2020

    In tandem with the list for importing goods, HMRC has published a useful list to help businesses be prepared to export goods from the UK to the EU after the 31 January 2020 Brexit

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