Key dates for the 2025/2026 tax year - AccountingWEB
Dec 18, 2024 · As we end the end of the calendar year and approach start of the 2025/26 tax year, getting ahead of key dates and deadlines and sharing them with your clients long before they appear is a great way to be prepared for the year ahead. From self-assessment submissions to the transition to Making Tax Digital (MTD), being well-prepared makes it easier to manage tax deadlines effectively and help ...
Latest Accounting News from the UK's Leading Accounting …
2 days ago · AccountingWEB.co.uk is the largest independent online community for accounting and finance professionals, providing all the latest accounting news, opinion and insights and enabling online engagement.
Moneysoft - AccountingWEB
Payroll Manager is a comprehensive, easy to use, HMRC recognised for 2019-20 RTI compliant payroll software package used by thousands of SME’s, agents, accountants and CIS Contractors across the UK. In the first 6 months of the tax year 2018-19, more than 1.5 million RTI submissions were successfully filed through our software.Features to support …
Deferred tax: Get the details right - AccountingWEB
Dec 7, 2021 · An entity shall offset deferred tax assets and deferred tax liabilities if, and only if: the entity has a legally enforceable right to set off current tax assets against current tax liabilities; and the deferred tax assets and deferred tax liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend either ...
HMRC’s agent code request sparks confusion - AccountingWEB
Oct 11, 2024 · HMRC has asked agents to confirm their agent codes but an email from the tax department on the topic left some confused and wondering if the request was a phishing scam. The deadline for agents to provide HMRC with the codes has now been extended to 6 December.
FRS 102: The new lease accounting treatments | AccountingWEB
Aug 13, 2024 · One of the most notable recent amendments by the FRC relates to the new lease accounting treatments, but it worth noting they affect FRS 102 only.
Autumn Budget 2024: Essential tax rates and thresholds
Oct 30, 2024 · These are the main tax rates and allowances updated following the Autumn Budget on 30 October 2024.
Evidence now needed to claim employment expenses
Oct 11, 2024 · From 14 October, anybody wanting to claim employment expenses will need to use a paper P87 form and provide supporting evidence to prove their eligibility. HMRC is tightening the process and adopting a “check first, pay layer” approach after reporting that the current way of working has resulted in many ineligible claims for employment expenses. The changes therefore have been brought into ...
Different types of company shares: A quick guide - AccountingWEB
Oct 14, 2022 · Company shares are not a one-size-fits-all thing and will come under several different share classes.
Gift Aid: Avoiding pitfalls when claiming relief - AccountingWEB
May 13, 2022 · Under the Gift Aid scheme, charities may reclaim basic-rate tax from monetary donations received from UK taxpayers. In the case of a donor making a