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2014/15 Tax Payments Due 31 July
31 July is the payment date for the second payment on account of income tax for the tax year 2014/15. We will as always be reminding our clients individually of the amounts of tax due. We thought you might appreciate an early reminder meanwhile.
In the event that your tax is paid late, the Revenue will charge interest from 1 August.
If you have any queries, please get in touch with us and we’ll be pleased to help.
Experts welcome more relaxed PAYE penalty regime
Tax experts have welcomed an HM Revenue & Customs’ (HMRC) announcement that it will take a less rigid approach to penalties for employers who provide PAYE information late.
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UK leads way on inward investment
The UK has maintained its position as the number one destination for foreign direct investment (FDI) in Europe after attracting a record number of projects in 2014-15.
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VAT guidance updated
HM Revenue & Customs (HMRC) has updated its guidance on how to keep VAT records.
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Companies House launches new search service
Companies House has launched a new, free of charge search service of digital data held on the UK register of companies.
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The Glazers Blog
The Glazers Blog is updated daily, with the latest news items covering business, financial and tax topics.
You can read our Blog by clicking here.
Business & Tax News
You can find all our recent tax and business articles by clicking on the following links:
Glazers Chartered Accountants
843 Finchley Road, London NW11 8NA
Tel no: (020) 8458 7427
Fax no: (020) 8458 8504
e-mail:quality@glazers.co.uk
web: www.glazers.co.uk
Glazer is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.
The information in this newswire is believed to be correct at the time of circulation. It is essential to take advice on specific issues.