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As a result of the Covid-19 crisis, many businesses are currently experiencing reduced turnover. In many cases, the business is VAT-registered, and some owners are asking whether they can now deregister. What are the rules here, and is it always advisable Read More... | |
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The tax return filing deadline for 2019/20 has now passed. However, where taxpayers have struggled to pay any tax they owed by the 31 January deadline, it is still possible to set up an instalment plan - or "time-to-pay" - arrangement. Read More... | |
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According to reports, the number of people leaving the UK during 2020 was "unprecedented". The Economic Statistics Centre of Excellence reported that as many as 700,000 left London alone in the 15-month period to September 2020. This brings the question o Read More... | |
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My director's loan account is overdrawn as we approach our year end. Usually, a dividend is credited to cover the shortfall, but my accountant says that there are not enough reserves to do that this time. We've looked at writing off the loan to avoid a s. Read More... | |
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1 - Due date for payment of Corporation Tax for accounting periods ending 30 April 2020 1 – Deadline to file P46(car) for the quarter ended 5 January 2021 7 - Electronic VAT return and payment due for quarter ended 31 December 2020 Read More... | |
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