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Tax Return 2019 – Due 31/01/2020

You must submit a tax return if, in the last tax year (6 April 2018 to 5 April 2019), you were self employed and earned over £1000 or you were a partner in a business partnership. If your only income is from your wages or pension, you will not usually need to send a...

UK Manufacturing Jobs Cut as Sales Fall

Jobs in the manufacturing sector fell at the fastest rate in seven years during November as low sales squeezed the sector, according to IHS Markit Purchasing Managers’ Index. The index fell to 48.9 last month from 49.6 in October. A figure below 50 represents...

Planning a Christmas Party? Be Aware of These Tax Implications

With the festive season now in full swing, many businesses are looking to treat their employees with a seasonal party. The Institute of Chartered Accountants in England and Wales (ICAEW) has advised employers to be aware of the tax implications associated with these...