1 May 2025 - Due date for corporation tax due for the year ended 30 July 2024.19 May 2025 - PAYE and NIC deductions due for month ended 5 May 2025. (If you pay your tax electronically the due date is 22 May 2025).19 May 2025 - Filing deadline for the CIS300 monthly return for…
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Spring 2025 Tax Reforms – What UK Small Businesses Need to Know
The Spring 2025 Tax Update brings a series of reforms aimed at simplifying tax administration and reducing burdens for UK businesses. Here's a breakdown of the key changes:1. Capital Goods Scheme SimplificationThe government plans to simplify the Capital Goods Scheme by removing computers from the assets it covers and increasing the capital expenditure value threshold…
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What are your upcoming State Pension entitlements?
If you're approaching retirement age and want to ensure you're on track to receive your full State Pension, it's crucial to check your entitlements. Here's a step-by-step guide to help you navigate the process using official UK government resources. 1. Determine Your State Pension AgeThe State Pension age is the earliest age you can start receiving…
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