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.
Tax Diary November/December 2017
1 November 2017 - Due date for corporation tax due for the year ended 31 January 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.
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.
The Budget Crystal Ball
There is continuing speculation in the financial press about the likely changes that Philip Hammond will introduce in his Budget announcements on 22 November 2017.
Readers may be forgiven for finding the recent rash of announcements by HMRC, regarding possible changes to tax legislation, rather confusing.
Tax Diary October/November 2017
1 October 2017 - Due date for Corporation Tax due for the year ended 31 December 2016.