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October 2008 Newswire

Welcome to our monthly newswire...

Should you not be able to read this newswire in an HTML format, please email us to request a text version. Our aim is to keep you up-to-date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

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Important Dates

19 October 2008

PAYE payment due for the quarter ending 5th October 2008.

31 October 2008

VAT returns and payment due for the quarter ending 30th September 2008.

31 October 2008

This is the new deadline for 2007/08 paper tax returns. Only on line returns accepted after this date.

31 October 2008

Limited company accounts filing deadline for accounting periods ended 31 December 2007;

31 October 2008

Filing of corporation tax returns for accounting periods ended 31 October 2007

CBI Forecast

A CBI forecast has predicted a ‘shallow recession’ during the final part of 2008 and that growth in the economy in 2009 will be the lowest since 1992.

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Temporary Exemption on Stamp Duty Land Tax

In a move to help the property market and first time buyers, Alistair Darling has introduced a Stamp Duty Land Tax (SDLT) exemption or holiday for purchases of residential property from 3 September 2008 to 2 September 2009 (inclusive). The exemption effectively raises the current nil rate band of £125,000 (£150,000 in disadvantaged areas) to £175,000 for the period of one year only.

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Fake HMRC Emails

HMRC are warning taxpayers that they are aware of a high number of emails being sent out offering a tax rebate. The warning confirms that HMRC do not email taxpayers advising them of tax rebates or invite them to complete an online form to receive a rebate.

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Give us your Feedback

We are constantly striving to improve our services and would welcome your comments as to how we are doing.

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Umbrella Service: 01253 600141 . General Enquiries: 01253 600140 . Fax: 01253 769196
Email: enquiries@danbro.co.uk . Web: www.danbro.co.uk

Danbro Accounting Ltd Co. Reg. No. 4043694 England and Wales
Registered Office: Unit 15, Thompson Road, Whitehills Business Park, Blackpool, Lancashire, FY4 5PN.