During the pandemic, businesses affected by COVID-19 disruption will have had their attention firmly focussed on survival. Certain sectors have suffered more than others with the hospitality, entertainment and leisure industries bearing the brunt of lockdown measures. But what impact has this unprecedented period had…
Month: February 2022
Time to top-up your pension pot
We are fast approaching the end of another tax year, 5 April 2022. To benefit from tax relief for 2021-22 you will need to make any top-up payment on or before this date. To help you reach a decision, we have summarised the present tax…
Tax Diary February/March 2022
1 February 2022 - Due date for Corporation Tax payable for the year ended 30 April 2021. 19 February 2022 - PAYE and NIC deductions due for month ended 5 February 2022 (If you pay your tax electronically the due date is 22 February 2022).…
Beware overtrading
If politicians have it right, we may be approaching the end of the major disruption to economic activity of the past two years. Which is great news for those trades badly affected by continuing lockdown and other restrictions. Unfortunately, rapid growth following a long period…