reduced payment window for residential property gains
Currently, capital gains on the sale of residential property in the UK are reported on the self-assessment tax return and the total capital gains tax liability for the tax year is payable by 31 January after the end of the tax year. For example, the capital gains tax on residential [...]
national living wage – is your business ready for 1 April 2020?
From 1 April 2020, nearly three million workers are set to benefit from increases to the National Living Wage (NLW) and minimum wage rates for younger workers, according to estimates from the independent Low Pay Commission. The compulsory NLW is the national rate set for people aged 25 and over. [...]
what to do if you need to change your tax return
If, like us at Appleleaf Accountancy, you made it and breathed a sigh of relief at the end of January after meeting the self-assessment tax return deadline for 2018/19, well done it is out the way for another year. However, what can you do, if anything, if you suddenly realise [...]
