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April key tax dates 5 - End of 2017/18 tax year. Last day to use up your annual exemptions for capital gains tax, inheritance tax and ISA's 6 - Start of the 2018/19 tax year 14 - Return and payment of CT61 tax due for quarter to 31 March 2018 19/22 - PAYE/NIC, student loan and CIS deductions due for…
ISA limits update The maximum annual investment limit for Individual Savings Accounts (ISAs) will remain at £20,000 for 2018/19 (of which, for eligible investors, £4,000 may be saved in a Lifetime ISA). Although the investment limit is not rising in the new tax year, a couple will still be able to add up to £40,000 to their ISA accounts during…
Tax deductions for family members' wages? Many adults are likely to embrace the offer of help with technology from the younger generation! So where a child is employed in a family business to work on, say, website creation, management and social media, how can the owner make sure that their wages will be tax deductible? The recent case of Nicholson…
March key tax dates   13 - Spring Statement 2018 19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/3/2018 Disclaimer
IHT: know your limit Insurance company Canada Life's annual survey for 2017 has revealed growing confusion over the operation of inheritance tax. According to the survey, more than two thirds of respondents did not know the current level of the inheritance tax nil rate band - among adults over the age of 45 with assets in excess of £325,000, some…
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