Tax Update April 2023
The main points of this month’s Tax Update have been covered in our Spring Budget Summary published on 18th March – to visit this Blog – CLICK HERE…
There have been some other announcements of note in recent weeks:
CLICK HERE for ‘New VAT Penalties’
CLICK HERE for ‘Business Rate Relief Deadlines’
CLICK HERE for ‘HMRC Encourage ‘Digital by Default’ Tax Return Filing’
ON THE ACCOUNTING HORIZON
- Wednesday 5th April – End of 2022/23 tax year – many tax planning actions need to have been done by this date.
- Thursday 6th April – Start of the 2023/24 tax year.
- Wednesday 19th April – PAYE & NIC deductions, and CIS return and tax, for month to 5/04/23 (due 22/04 if you pay electronically)
- Monday 1st May – Corporation tax payment for year to 31/7/22 (unless quarterly instalments apply)
- Friday 19th May – PAYE & NIC deductions, and CIS return and tax, for month to 5/05/23 (due 22/05 if you pay electronically)
Folkes Worton LLP Chartered Accountants
Focusing on your Tax Requirements – Accounting for the Future