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Monthly Archives: August 2022

Thousands of businesses at risk of import delays

Businesses are being warned they could risk significant delays to importing goods if they don’t move to the UK’s new streamlined customs system. Organisations submitting import declarations must use the Customs Declaration Service from 1 October 2022, when the Customs … Continue reading

Posted in Business

Businesses unite to create summer offers for struggling families

Families struggling to make ends meet in the cost-of-living crisis will be able to take advantage of special deals over the summer holidays. Some of the UK’s biggest businesses have signed up to offer discounts and deals through the Government’s … Continue reading

Posted in Business

Tax Diary August/September 2022

1 August 2022 – Due date for corporation tax due for the year ended 31 October 2021. 19 August 2022 – PAYE and NIC deductions due for month ended 5 August 2022. (If you pay your tax electronically the due … Continue reading

Posted in Business

Tax when selling personal possessions

There are certain circumstances when you will pay Capital Gains Tax when selling personal possessions. You may have to pay Capital Gains Tax if you make a profit (‘gain’) when you sell (or ‘dispose of’) a personal possession for £6,000 … Continue reading

Posted in Business

Political hiatus

Now our present Prime Minister has indicated his intention to resign it seems unlikely that a successor will be appointed before September. Which means Boris Johnson’s cabinet are caretakers for the interim period and it is doubtful that there will … Continue reading

Posted in Business