Paying Your Self-Assessment Paying your self-assessment liabilities in January is relatively easy, if not painful. What do you have to pay by 31 January? On 31 January, you may need to pay the following amounts related to your Self-Assessment: Balancing Payment for the Previous Tax Year This is the remaining tax you owe for the [...]
Category Archives: Tax
02
Jul
Jul
Staying on top of the latest accounting, tax, and compliance deadlines helps you stay organised with your returns. Here are the deadlines and cut-off points for Q3 of 2025 to add to your diary. Please always double-check your deadlines with Companies House, HMRC and your accountant. NOTE: If your company’s accounting period is longer than […]
05
Apr
Apr
Everything you need to know about P11Ds We are often asked about the P11D. What is it? When do we need it? How do we manage it? So we’ve put together a simple guide that answers the most common questions – if you can’t find the answer to your question here, or you need further […]
01
Apr
Apr
Making Tax Digital for Income Tax (MTD ITSA) As an accountant who has lived with being told of the oncoming “doom” for 10 years since it was first proposed as the end of tax returns and aimed to create a “transformed tax system,” it is safe to say I am a little cynical about MTD […]
23
Mar
Mar
I frequently get asked how easy it is to switch your accountancy to Switchfoot and what is involved. Switching accountants in the UK is straightforward, but it is essential to manage it carefully to avoid disruptions to your financial affairs. Here is a step-by-step guide: Be clear about the reasons for the Switch Are you […]
20
Mar
Mar
Staying on top of the latest accounting, tax, and compliance deadlines helps you stay organised with your returns. Here are the deadlines and cut-off points for Q2 of 2025 to add to your diary. Please always double-check your deadlines with Companies House, HMRC and your accountant. NOTE: If your company’s accounting period is longer […]
03
Jan
Jan
Staying on the ball with the latest accounting, tax and compliance deadlines helps you stay organised with your returns. Here are the deadlines and cut-off points for Q1 of 2025 to add to your diary. Please always double-check your deadlines with Companies House, HMRC and your accountant. NOTE: If your company’s accounting period is longer […]