News from your Accountants in Harrogate & Leeds

Keep yourself up-to-date on the latest accountancy news and information with our useful articles.

Tax diary for November and December 2017

November 3rd 2017

Important tax dates for your calendar.

Avoid Getting into HR Hot Water This Party Season

November 3rd 2017

The DSC team love an excuse to socialise so with the festive season approaching, it seemed appropriate to offer some practical tips for businesses on smooth planning of the annual office Christmas party. 

The value of audits

November 3rd 2017

Did you know… an audit can be a valuable process that’s worth investing in?

The Budget crystal ball

November 3rd 2017

There is continuing speculation in the financial press about the likely changes that Philip Hammond will introduce in his Budget announcements on 22 November 2017.

Paying self-assessment tax by instalments

November 3rd 2017

If you file your 2016-17 self-assessment tax return on or before 30 December 2017, you can elect to spread the repayment of any underpayment of tax for 2016-17 to the tax year 2018-19. This is done by amending your tax code for 2018-19 such that any arrears are repaid by increasing your tax payments each pay period.

Carry back charitable donations

November 3rd 2017

One of the few remaining options to carry back tax allowable payments to a previous tax year is the facility to set off certain charitable donations made after 5 April 2017, to the tax year 2016-17.

Corporation tax payment deadline for March year end companies

November 3rd 2017

Many companies have adopted the end of March each year as their accounting year end date. Corporation tax is payable by most smaller companies nine months and one day after the end of their accounts year end. Accordingly, companies that have adopted a 31 March date will need to pay any corporation tax liability for the year to 31 March 2017 on or before 1 January 2018; just a few weeks away.

Self-employed tax payments

October 18th 2017

Self-employed persons and other individuals who submit a self-assessment (SA) tax return should bear in mind that there are only three months until the electronic filing and payment deadline for 2016-17, 31 January 2018.