Monthly Archives: May 2013

1 May 2013 - Due date for Corporation Tax due for the year ended 31 July 2012. 19 May 2013 - PAYE and NIC deductions due for month ended 5 May 2013. (If you pay your tax electronically the due date is 22 May 2013.) 19 May 2013 - Filing deadline for the CIS300 monthly return for the month ended Continue Reading

HMRC have made it clear that they do not send taxpayers emails regarding their tax affairs. So the next time you receive an email purporting to be from HMRC you can safely bet that it is a scam and that it can be safely ignored. Whatever you do, do not follow any links in these emails as they will likely Continue Reading

Readers may have noted that from the date the Finance Bill 2013 receives a Royal Assent, HMRC will be using new powers to stop abusive tax schemes from reducing a tax payer’s liability. The legislation is set out in the GAAR, the General Anti-Abuse Rule. It is worth noting that HMRC can use the GAAR to counter certain arguments previously Continue Reading

Usually, it is necessary to perform an action within a tax year in order to impact your tax liability for that specific year. One notable exception is the ability to carry back charitable donations to the previous tax year in certain circumstances. The following notes are copied from HMRC’s website and explain what is involved: ‘You can ask for Gift Continue Reading