Tax Diary July/August 2021
1 July 2021 – Due date for Corporation Tax due for the year ended 30 September 2020. 6 July 2021 – Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs. 19 July 2021 – Pay Class 1A NICs (by the 22 July 2021 if paid electronically). 19 […]
Taking goods abroad to sell?
You must declare goods that you take with you to sell outside the UK – for example if they are in your baggage or in a private vehicle. There is a different process if you take goods abroad temporarily (for example samples for a trade fair) or use a courier or freight forwarder. Most countries […]
Beware tax credit renewal scams
Tax credits applicants should be vigilant and alert to potential scams, HMRC has warned. In the 12 months to 30 April 2021, HMRC responded to more than 1,154,300 referrals of suspicious contact from the public. More than 576,960 of these offered bogus tax rebates. In the same period, HMRC has worked with telecoms companies and […]
What is the Unclaimed Estates List?
If an individual dies and for whatever reason executors or the Treasury Solicitor’s department are unable to track down beneficiaries, the unclaimed estate falls under the care of the Bona Vacantia and Government Legal Department. The Division publishes a list of unclaimed estates which have been recently referred, but not yet administered, and historic cases […]
July 19th – normality to be resumed?
Release from social distancing restrictions, in England, is deferred until 19 July 2021, which for most of us, means no change up to that date. We are still required to work from home when we can and maintain the other Step 3 social distancing provisions. However, there are a few additional concessions that will apply […]
