IR35: small company exemption
Changes to the company size thresholds from April 2025 will also apply for the purposes of the off-payroll working (OPW) rules
April 4th 2025
File your monthly RTI reports for April payroll by 5th May and pay HMRC by 19th May.
If your year end is 31st August, the deadline for payment of corporation tax is 1st June.
If your year end is 31st August, the filing deadline for your company accounts is 31st May.
Have you issued P11Ds to your employees? The filing deadline is 6th July and the payment deadline is 19th July.
Have you issued P60s to your employees?
File your monthy RTI reports for May payroll by 5th June and pay HMRC by 19th June.
If your last VAT quarter ends on 30th April the filing deadline is 31st May and payment is due by 7th June.
At B20 Wessex we are Chartered Certified Accountants with years of experience in advising businesses on how to maximise their company tax savings.
The B20 Wessex Payroll Bureau offers a comprehensive range of services for your business at competitive rates. We offer our customers a comprehensive payroll service, supporting your business at the fraction of the cost of a full time member of staff.
If you are in business as a sole trader you are personally responsible for your business activities. Talk to us for more information about sole trader responsibilities and advice on becoming a sole trader.
As a chartered, certified accountant we are well qualified to help you prepare your management accounts on a regular basis, so that you can keep track of your business.
Changes to the company size thresholds from April 2025 will also apply for the purposes of the off-payroll working (OPW) rules
April 4th 2025
From August 2025 employed taxpayers will no longer be required to complete a self assessment tax return (SATR) to declare and pay the high-income child benefit charge (HICBC)
April 4th 2025
From April 2026 most benefits in kind (BIKs) will have to be processed through the payroll and included on monthly payslips, with a potential knock-on effect for student loan repayments
April 4th 2025
HMRC has updated its guidance to clarify the treatment of subcontracted research and development (R&D) expenditure under the SME scheme
April 4th 2025