If a parent owes child maintenance, deductions to recover that debt can currently only be made from a bank or building society account held solely by them. Unfortunately, a small minority of parents are cheating their way out of supporting their children by putting their…
Month: November 2017
Tax Diary November/December 2017
1 November 2017 - Due date for corporation tax due for the year ended 31 January 2017. 19 November 2017 - PAYE and NIC deductions due for month ended 5 November 2017. (If you pay your tax electronically the due date is 22 November 2017.)…
Corporation tax payment deadline for March year end companies
Many companies have adopted the end of March each year as their accounting year end date. Corporation tax is payable by most smaller companies nine months and one day after the end of their accounts year end. Accordingly, companies that have adopted a 31 March…
Carry back charitable donations
One of the few remaining options to carry back tax allowable payments to a previous tax year is the facility to set off certain charitable donations made after 5 April 2017, to the tax year 2016-17. Allowable donations have the effect of extending the amount…