Diary of main tax events - July / August 2018 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months including key deadlines
Many of the recent changes in the taxation of buy to let rental businesses do not apply to property businesses that qualify as furnished holiday lettings (FHL). In particular the restriction on
If your pension savings exceed the annual pension input limit (generally £40,000) then there is an annual allowance charge. The effect of the annual allowance charge is to reduce tax relief on
Increase your Pension Savings before 6 April 2018 to reduce payments on account. Unfortunately investing more in your pension now will not reduce your 2016/17 tax liability, however if you invest before 6
Before 6 April 2018, individuals may invest in companies that qualify under the Enterprise Investment Scheme (EIS) and treat that investment as having been made in 2016/17. The tax relief is 30%
Making Tax Digital (MTD) for VAT is scheduled to start in April 2019 which means that your VAT information needs to be submitted to HMRC digitally. On 18 December 2017, HMRC published
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