Tax Diary October 2019

Posted on 4th October 2019 by Euan Brown

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 …

Land Registry property alert service

Property owners are potentially more at risk from the activities of fraudsters. They have more to lose and there are very real risks that the Land Registry property alert service is set up to counter. Why consider this service? Since 2009, HM Land Registry has prevented 254 fraudulent applications being registered by fraudsters. Common attempts …

What constitutes profit for tax purposes?

There is no simple answer to this question. We have listed below some of the matters that need to be are considered. As self-employed business owners’ profits are subject to income tax and National Insurance – and limited companies to corporation tax – we have divided our comments accordingly. Before making this distinction it is …

Tax Diary December 2019/January 2020

1 December 2019 – Due date for Corporation Tax payable for the year ended 28 February 2019. 19 December 2019 – PAYE and NIC deductions due for month ended 5 December 2019. (If you pay your tax electronically the due date is 22 December 2019) 19 December 2019 – Filing deadline for the CIS300 monthly …

Time is running out for tax planning 2019-20

A reminder that in just a few months the present tax year closes, 5 April 2020. After this date, a whole raft of 2019-20 tax planning options for individuals will cease to be available. These cover a multitude of opportunities to reduce your liability to Income Tax, Capital Gains Tax and National Insurance. These opportunities …

Christmas gifts

You don’t have to pay tax on a benefit (gift) to your employee if all of the following apply: it cost you £50 or less to provide it isn’t cash or a cash voucher it isn’t a reward for their work or performance it isn’t in the terms of their contract Gifts that fall into …

Flood support

The government announced 13 November that it will extend its Farming Recovery Fund to support farmers badly affected by the recent flooding across Yorkshire and the Midlands. Through this scheme, farmers and land managers who have suffered uninsurable damage to their property will be able to apply for grants of between £500 and £25,000 to …

See all news

Stay updated by email