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01/06/2021 |
June Tax Tips & News
Welcome to the Clements Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.
If you need further assistance just let us know or send us a question for our Question and Answer Section.
We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.
Please contact us for advice on your own specific circumstances. We’re here to help!
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| Latest news round up |
| Following the Budget in early March, the current Finance Bill was published on 11 March 2021. Since that date, a number of amendments have been made. Of the most significant, the following stand out in particular. Read More... |
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| Non-resident SDLT surcharge now in effect |
| Since 1 April 2021, any non-UK resident purchasing UK residential property are liable to a 2% surcharge where the property is located in England or Northern Ireland, and cost more than £40,000. This applies to both individuals and companies. Read More... |
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| Gift aid problems |
| Most people give to charity in one form or another at some point. This could be by donating unwanted clothes, books, and so on to the local charity shop. They can also be a donation via a site like Just Giving, or they may be ongoing payments by dire Read More... |
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| VAT group registration |
| Reference is usually made to a VAT-registered business. However, this is not quite correct as it is the person, either real or legal, that is actually registered. For example, where sole trader has a number of different business activities it is not possi Read More... |
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| June Questions and Answers |
| I've been going over some old tax returns to try to track down some capital losses. However, whilst doing this I've noticed that I missed including my considerable pension contributions off the 2018/19 return. From what I can see online, I've just missed Read More... |
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| June Key tax dates |
| 1 - Due date for payment of Corporation Tax for accounting periods ending 31 August 2020 | 7 - Electronic VAT return and payment due for quarter ended 30 April 2021 Read More... |
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| About Us |
Clements Accountants are based in Glasgow, offering local business owners and individuals a wide range of services.
All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website clementsca.co.uk for more information.
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Copyright © 2024 Clements. All rights reserved.
39 St Vincent Place
Glasgow
G1 2ER
Clements is a trading name of Clements Chartered Accountants
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