“You only have to do a few things right in your life so long as you don’t do too many things wrong.” – Warren Buffett
2 May 2022
It can sometimes take time to gather all the information to complete your P11D returns so don’t leave it to the last minute. Here is a reminder of the filing/payment deadlines. What you need to do Deadline Submit your P11D forms online to HMRC 6 July following the end of the tax year Give your employees
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
At the end of the day, over the life of a business, the profit is broadly the difference between what cash the business has earned over its life and the payments it has made over that same period. Cash in and cash out over the 1, 2, 5, 10, 20 year existence of that business.