Tax Diary August/September 2026
1 August 2026 - Due date for Corporation Tax due for the year ended 31...
When did you last check your credit rating?
Many business owners regularly monitor their bank balance, sales and cash flow, but overlook another...
Company filing penalties you should avoid
Most company directors are aware that they must file annual accounts and a confirmation statement...
Child Benefit and the High Income Child Benefit Charge
The High Income Child Benefit Charge (HICBC) applies where an individual or their partner receives...
Avoid 60% Income Tax band
A ‘60% Income Tax band’ can arises when an individual’s income exceeds £100,000 in a...
Meaning of Carried Interest
Carried interest is essentially a share of the profits from an investment fund that is...
Construction Industry Scheme responsibilities
The Construction Industry Scheme (CIS) is used within the UK construction sector to help manage...
Don’t forget to pay your Class 1A NICs
Employers are reminded that Class 1A National Insurance contributions (NICs) for the 2025-26 tax year...
Meaning of Permanent Establishment
The term permanent establishment (PE) is an important tax concept for businesses that operate across...
Are you too dependent on one customer?
Many successful businesses begin by working closely with one major customer. While this can provide...
Five ways to improve customer retention
Winning new customers is important, but many businesses overlook the value of keeping the customers...
Employee travel expenses
There is no requirement to report certain travel and subsistence expenses where an exemption applies...
Tax treatment of loans to employees
Employees may receive a taxable benefit where an employer provides a loan that is interest-free...
Company mobile phones and tax implications
When employers provide mobile phones to employees, it is important to understand the tax treatment...
Understanding dividend tax
Understanding dividend tax is important for anyone who receives income from shares in a company...
Tax relief on professional subscriptions
Employees may be entitled to tax relief on certain professional fees and subscriptions that they...
Investment Manager Exemption (IME)
The Investment Manager Exemption (IME) is a long-standing HMRC concession that helps attract international investment...
Companies House steps up enforcement activity
Companies House is entering a new era of enforcement as it begins making greater use...
The benefits of Fair Payment Code accreditation
Getting paid on time remains one of the biggest challenges facing many small and medium-sized...
Capital Gains Tax if selling shares or investments
Capital Gains Tax (CGT) is a tax on the profit you make when you sell...
Understanding your National Insurance record
Your National Insurance record can be checked online to see what contributions and credits you...
Tax-free benefits in kind from your employer
The range of benefits that can be provided tax-free by an employer is relatively limited...
Claiming tax relief on charitable donations
When you donate money to a charity or Community Amateur Sports Club (CASC) under Gift...
Understanding your tax code
Your tax code tells your employer or pension provider how much Income Tax to deduct...
