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
1 week ago
If your year end is 31st July, the filing deadline for your company accounts is 30th April.
If your last VAT quarter ends on 31st March the filing deadline is 30th April and payment is due by 7th May.
File your monthly RTI reports for April payroll by 5th May and pay HMRC by 19th May.
File your monthly RTI reports for March payroll by 5th April and pay HMRC by 19th April.
If your year end is 31st July the deadline for payment of corporation tax is 1st May.
Is your software MTD compliant?
Have you issued P60s to your employees?
Is your payroll software up to date?
Have your employee coding notices been checked?
Are you claiming the Employment Allowance? Filing deadline is the first pay run.
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
1 week ago
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)
1 week ago
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
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HMRC has updated its guidance to clarify the treatment of subcontracted research and development (R&D) expenditure under the SME scheme
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