Register
here to receive the Danbro monthly Contractors 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.
Press Releases
IMPORTANT
DATES
02
February 2008
Automatic £100
penalty applied in respect of undelivered
2007 tax returns.
29
February 2008
Surcharge of
5% applied if the balancing payment due for
2006/07 is still outstanding by this date.
The 5% surcharge does not apply to late payment
of the first payment on account for 2006/07.
12
March 2008
Budget
Day.
19
April 2008
Cheque
payment for PAYE quarter ending 5th April
due.
22
April 2008
Electronic
payment for PAYE quarter ending 5th April due.
19 May
2008
2007/08
End of Year PAYE returns due P35 & P14.
06
July 2008
Deadline for
submission of forms P11d, P11d (b) and
P9D for the year to 5 April 2008.
31
July 2008
Second payment
on account for 2006/07.
31
July 2008
Second
automatic surcharge of 5% due if the balancing
payment of tax for 2006/07 is not paid by
this date. The second 5% surcharge does not
apply to late payment of the first payment
on account for 2007/08.
31
July 2008
Second
penalty of up to £100 due if the self-assessment
tax return is still outstanding six months
after the usual filing date (31 January).
31
October 2008
This
is the new deadline for 2007/08 paper tax returns.
Only on line returns accepted after this date.
In the Pre-Budget Report in October 2007 the Chancellor,
Alistair Darling, announced a series of changes to
the capital gains tax (CGT) regime for individuals
and trustees. These changes included the abolition
of taper relief and indexation relief and the introduction
of a single rate of CGT of 18%. The changes take
effect from 6 April 2008.
Following the Pre-Budget Report announcement that
HMRC would be reviewing the rules on residence, HMRC
have issued some draft legislation which is expected
to take effect from 6 April 2008.
From 15 December 2007, the Money Laundering Regulations
2007 require certain businesses to have systems in
place to prevent money laundering and report suspicious
transactions. These regulations replace the previous
ones which have been in force since 2004.
For further details, please contact Danbro for Umbrella Service: 01253 600141, General Enquiries: 01253 600140 or email enquiries@danbro.co.uk or send an enquiry.