With taxes seemingly ever on the increase, proper knowledge of the tax system and planning your tax is now more important than ever before. Our tax guides are designed to give you valuable insights into the areas where tax planning can be carried out.
Budget Day 22 June 2010
Our site has now been updated to include details of the raft of announcements made by Chancellor George Osborne in his first Budget Speech. These changes include a new rate of capital gains tax of 28% and an increase in entrepreneurs’ relief from £2 million to £5 million.
The new Government's emergency Budget was presented to Parliament on 22 June 2010. The Chancellor focussed on spending cuts and increases in VAT and reductions in corporation tax rates.
An extensive review of personal and business planning and tax saving opportunities and guides that signpost areas in which our services can be of value.
We have a range of up to date articles and commentaries on the effect of the recession on small businesses, banks, lending and saving, the economy and pensions and investments.
2008/09 Self Assessment Tax Return to be filed by today in order to avoid second £100 penalty
Tax surcharge date
Further 5% surcharge on any tax unpaid for 2008/09.
Self assessment date
Second self assessment payment on account for 2009/10
Tax credits date
Deadline for Tax Credits renewal to finalise claims for 2009/10 and renew claims for 2010/11
Deadline to renew tax credit claims
Deadline to renew tax credit claims for 2010/11, and return final income amounts for 2009/10 (or, alternatively, an estimate with final figures supplied by 31 January 2011)
Aug
01
2010
Corporation tax payment
Due date for payment of Corporation Tax for year ended 31 October 2009, for those companies not liable to pay their liability by instalments.
Tax return date
Liability to second £100 penalty arises for 2009 Tax Return still not filed
Aug
02
2010
P46 (car) Date
Last day for notifying car changes in quarter to 5 July - P46 (Car)
