| What does the General election mean for tax? |
| Following the General election on 12 December, Prime Minister Boris Johnson has confirmed that Sajid Javid remains as Chancellor of the Exchequer and no other changes at HM Treasury have been announced. The Prime Minister has however, confirmed that Read More... |
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| HMRC advisory fuel rates from 1 December 2019 | Another IR35 loss for HMRC | | HMRC have published company car advisory fuel rates for use from 1 December 2019. The rates apply when employers reimburse employees for the cost of fuel for business travel.. Read More... | HMRC have faced another defeat in a tax case involving the IR35 intermediaries' legislation... Read More... |
| Business mergers and changes of ownership - payroll issues explained | | In the December 2019 issue of Employer Bulletin, HMRC set out the action required to avoid any problems when merging or changing ownership of a business, to ensure all employees' payroll details are transferred to the new business... Read More... |
| January questions and answers | January Key tax dates | | Newsletter issue - January 2020.
1 - Due date for payment of Corporation Tax for the year ended 31 March 2019
14 - Return and payment of CT61 tax due for quarter to 31 December 2019
19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5th January 2020 or quarter 3 of 2019/20 for small employers
31 - Deadline for filing 2019 Self Assessment personal, partnership and trust Tax Returns - £100 first penalty for late filing even if no tax is due or tax due is paid on time
- Balancing self assessment payment due for 2018/19
- Capital gains tax payment due for 2018/19
- First self assessment payment on account due for 2019/20
- Interest accrues on all late payments
- Half yearly Class 2 NIC payment due
- Further penalty of 5% of tax due or £300, whichever is greater for personal tax returns still not filed for 2017/18
- 5% penalty for late payment of tax unpaid for 2017/18 self assessment |
| About Us |
Lawrence & Co Accountants are based in Harrow, offering local business owners and individuals a wide range of services.
All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website https://lawacc.co.uk/ for more information.
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Copyright © 2025 Lawrence & Co. All rights reserved.
Unit 205, Cervantes House
5-9 Headstone Road
Harrow
HA1 1PD
Lawrence & Co is a trading name of Lawrence & Co
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