This site uses cookies to improve your browsing experience and analyse use of our website. By clicking ‘I accept’ you agree and consent to our use of cookies. You can find out more about our cookies here. Find out more

PAYE

TAX DIARY MAY & JUNE 2021

Important dates for your tax diary in May and June 2021.

Tax Diary April & May 2021

Important dates for your tax diary in April and May 2021.

HOW WILL THE UPCOMING CHANGES TO OFFPAYROLL WORKING IMPACT REAL ESTATE AND CONSTRUCTION INDUSTRIES

The update now puts the onus of the SDS (Status Determination Statement) on medium or large companies using contractors. Companies which HMRC defines as a small company will not have to complete the SDS.

New R&D Tax Credit Cap imposed for PAYE

The PAYE cap, which was first mentioned in the 2018 Budget, is finally becoming law for accounting periods beginning on or after 1 April 2021.   

Tax Rate Card 2021/22

Important dates for your tax diary throughout the tax year.

EXTENSION AND CHANGES TO THE CORONAVIRUS JOB RETENTION SCHEME (CJRS)

The Coronavirus Job Retention Scheme (CJRS) has now been extended until the end of September 2021.   From now until June 2021 the government continue to pay 80% of a furloughed employees wages for hours not worked up to a cap of £2,500.

Tax Diary February/March 2021

Important dates for your tax diary in February and March 2021.

TAX DIARY JANUARY 2021/FEBRUARY 2021

Important dates for your tax diary in January 2021 and February 2021.

Tax Diary December 2020/January 2021

Important dates for your tax diary in December 2020 and January 2021.

Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme (CJRS) commonly known as the furlough scheme will be extended until the 30 April 2021. The most recent update (further extending the life of the scheme) was announced by the Chancellor Rishi Sunak on 17 December 2020. 

Changes to the job support scheme

On Friday 9 October, the Chancellor, Rishi Sunak announced an extension to the Job Support Scheme (JSS). The expanded scheme will include additional support for employees of businesses that are forced to close because of local or national lockdown measures. 

Tax Diary October/November 2020

1 October 2020 - Due date for Corporation Tax due for the year ended 31 December 2019.  

Tax Diary September/October 2020

1 September 2020 - Due date for corporation tax due for the year ended 30 November 2019.  

Low paid workers to qualify for sick-pay

The government has started a consultation to transform support for sick and disabled staff and remove barriers for employees.

Payroll changes from April 2019

There are a number of payroll changes coming into effect from April 2019 that employers need to be aware of.  

Tax diary for November 2018

November is a very busy time for returns and tax payments. Below are the important dates coming up over the next month. 

Tax diary for November 2018

November is a very busy time for returns and tax payments. Below are the important dates coming up over the next month. 

Tax Diary April

1 April 2018 - Due date for corporation tax due for the year ended 30 June 2017.

Tax Diary April

1 April 2018 - Due date for corporation tax due for the year ended 30 June 2017.

Paying self-assessment tax by instalments

If you file your 2016-17 self-assessment tax return on or before 30 December 2017, you can elect to spread the repayment of any underpayment of tax for 2016-17 to the tax year 2018-19. This is done by amending your tax code for 2018-19 such that any arrears are repaid by increasing your tax payments each pay period.

Paying self-assessment tax by instalments

If you file your 2016-17 self-assessment tax return on or before 30 December 2017, you can elect to spread the repayment of any underpayment of tax for 2016-17 to the tax year 2018-19. This is done by amending your tax code for 2018-19 such that any arrears are repaid by increasing your tax payments each pay period.

Tax diary October

October is a very busy time in the tax calendar, with critical filing dates.

Tax diary October

October is a very busy time in the tax calendar, with critical filing dates.

Glasgow Rangers tax scheme kicked into touch

A scheme using Employee Benefit Trusts (EBTs) as a means of remunerating directors and staff has been defeated by HMRC in a recent Supreme Court case.

Glasgow Rangers tax scheme kicked into touch

A scheme using Employee Benefit Trusts (EBTs) as a means of remunerating directors and staff has been defeated by HMRC in a recent Supreme Court case.

Tax diary July/August

July & August are very busy times in the tax calendar, with critical filing dates. Please check out the link below for dates that may be relevant to your business throughout the year. July & August are very busy times in the tax calendar, with critical filing dates.   .

Tax diary July/August

July & August are very busy times in the tax calendar, with critical filing dates. Please check out the link below for dates that may be relevant to your business throughout the year. July & August are very busy times in the tax calendar, with critical filing dates.   .

Tax Diary July

July is a very busy time in the tax calendar, with critical filing dates.

Tax Diary July

July is a very busy time in the tax calendar, with critical filing dates.

Processing benefits and expenses through your payroll

There is now a voluntary facility for employers to put benefits and expenses through their payroll without having to submit a form P11D after the end of the tax year. If you intend to do so for the 2017/18 tax year, you must register with HMRC before 5 April 2017.  

The new apprenticeship levy - what you need to know

The new apprenticeship levy for businesses comes into effect on 6th April 2017.  All employers with an employee pay bill of more than £3 million each year will be required to invest in apprenticeships, with the size of the investment dependent on the size of the business. 

How long do you need to keep tax records?

The length of time you need to keep tax records depends on the types of income you earn and the types of tax you are paying. A list of time limits is set out below:

How long do you need to keep tax records?

The length of time you need to keep tax records depends on the types of income you earn and the types of tax you are paying. A list of time limits is set out below:

NIC Employment Allowance (EA)

For 2016-17, the EA is set at £3,000. This means that if you are eligible, you will not have to pay employers’ Class 1 contributions up to this amount. The following set out some of the less well known facts about this allowance:

NIC Employment Allowance (EA)

For 2016-17, the EA is set at £3,000. This means that if you are eligible, you will not have to pay employers’ Class 1 contributions up to this amount. The following set out some of the less well known facts about this allowance:

Tax diary May/June 2016

19 May 2016 - PAYE and NIC deductions due for month ended 5 May 2016. (If you pay your tax electronically the due date is 22 May 2016)

Tax diary May/June 2016

19 May 2016 - PAYE and NIC deductions due for month ended 5 May 2016. (If you pay your tax electronically the due date is 22 May 2016)