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| Making Tax Digital update | Employee mileage allowances |
| VAT-registered businesses with a taxable turnover above the VAT threshold are required to use the Making Tax Digital (MTD) service to keep records digitally and use software to submit their VAT returns from 1 April 2019... Read More... | Confusion often arises over differing tax treatment of mileage allowances paid to employees using their own cars for business, and those provided with a company car. An employee using their own car for work can claim a mileage allowance from.. Read More... |
| NMW and NLW increases take effect |
| New rates for the National Minimum Wage (NMW) and National Living Wage (NLW) (aged 25 and over) apply from 1 April 2019, and employers must ensure that they implement them accordingly. The rates are as follows:.. Read More... |
| April questions and answers | April key tax dates |
Newsletter issue - April 2019. 1 - Making Tax Digital mandated for all VAT customers (Except those that have been deferred) 5 - End of 2018/19 tax year. Last day to use up your annual exemptions for capital gains tax, inheritance tax and ISA's 6 - Start of the 2019/20 tax year 14 - Return and payment of CT61 tax due for quarter to 31 March 2019 19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/4/2019 or quarter 4 of 2018/19 for small employers. Interest will run on any unpaid PAYE/NIC for the tax year 2018/19 30 - Additional daily penalties of £10 per day up to a maximum of £900 for failing to file self-assessment tax return due on 31 January 2019 |
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