Tax Diary October 2019

Important dates for you to note this month:

19 October 2019 – PAYE and NIC deductions due for month ended 5 October 2019. (If you pay your tax electronically the due date is 22 October 2019.)
19 October 2019 – Filing deadline for the CIS300 monthly return for the month ended 5 October 2019.
19 October 2019 – CIS tax deducted for the month ended 5 October 2019 is payable by today.
31 October 2019 – Latest date you can file a paper version of your 2019 self-assessment tax return.

Source: DocSafe

Featured news

What Do Accountants Do?

If someone were to ask you what accountants do, what would you say? For most people, they wouldn’t be able to provide much detail beyond “someone who looks after financial accounts.” Well we don’t blame you. There’s a lot of misconceptions around accountancy and what accountants do day-to-day. It’s for this reason that we thought …

Quickbooks vs. Xero

Cloud technology is everywhere. In fact, the vast majority of us will use some form of cloud technology on a daily basis, whether that’s through a Google Calendar, storing files via Dropbox or even simply browsing through Facebook. Cloud technology basically refers to any software which enable its users to access shared storage, networks or …

An overview of QuickBooks

If you’re part of the accounting world, you will most likely have heard of QuickBooks. We’re here to shed some light on what QuickBooks is and how it could be an asset to your business. QuickBooks is the world’s leading accounting software, which can simplify your company’s financial management system. It allows business owners and …

Making Tax Digital

As we welcome in a new year, we find ourselves in the midst of a huge technological movement within the accounting and finance industry in the UK – as the sector undergoes the digitisation of it’s tax system. Now if you are British business owner and that sentence alone caused a serious acceleration in your …

Are you eligible for further self-employed grants?

Two quarterly grants have been paid to UK self-employed traders that qualify for the Self- Employed Income Support Scheme (SEISS). These covered the periods up to 31 October 2020. The Chancellor has announced that two further quarterly payments will be made. Traders will still need to qualify for the payments and in particular: Have been …

Current businesses subject to lock-down

We have reproduced below a list of businesses which must close during the period 5 November to 2 December 2020. Business based in England and required to close To reduce social contact, the regulations require some businesses to close and impose restrictions on how some businesses provide goods and services. These include: Non-essential retail, such …

Are you eligible for Universal Credit?

What to do if you are placed in a financial position where you do not have sufficient income to meet your monthly outgoings and you are unable to find work to plug the gap. The main government assistance for those who find themselves in this position is to register for Universal Credits. The following notes …

Government financial support extended

Government financial support for UK businesses affected by the COVID pandemic have been extended in the past week. Thankfully, relief for employees of affected companies and the self-employed have been announced in tandem. A short summary of the main changes follows: Coronavirus Job Retention Scheme (CJRS) This furlough scheme will now be extended until the …

Get ready for end of EU transition period

Government have recently promoted their online webinars that aim to support businesses who will be affected by the end of the EU exit transition period, 31 December 2020. Here’s what the Department for Business, Energy and Industrial activity have to say: Over 3,000 people have attended government webinars to help them get ready for the …

Are you making the most of your accounts data?

Many of us have taken the step from manual to digital accounting systems. But are you making the most of features provided? Without a doubt, accounts software offers a wealth of reports many of which will likely be of limited use to businesses, however, many will be of use. There is a temptation to stick …

See all news

Stay updated by email