Tax Tips and News

Newsletter issue – May 2024

5^th

• Companies House fees are increasing due to the recent introduction of the ECCTA. It will cost £50 to incorporate a company online - an increase from £12. The cost of filing a confirmation statement will go up to £34 (from £13).

5^th

• Deadline for a 2024/25 tax credits claim to be backdated to 6 April 2024.

19^th

• For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you'll owe HMRC

22^nd

• Deadline for employers operating PAYE to pay HMRC. This is also the quarterly deadline for businesses that pay per quarter. For those paying by post, the deadline is 31 May.

31^st

• Corporation Tax Returns are due for companies with year-end of 31 May

31^st

• Deadline for P60s for employees who were on your payroll on 5 April 2024