Latest tax deadline advice from Clay Shaw Butler accountants

Latest tax deadline advice from Clay Shaw Butler chartered accountants and business consultants in Carmarthen - 

The following Tax Events are due on 19th November 2016:
Business Tax Events
PAYE, Student loan and CIS deductions are due for the month to 5th November 2016
This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd November 2016. In year interest will be charged if payment is made late. Penalties also apply.

Comments

Popular posts from this blog

New appointment at Bay TV Swansea

Dead swan at Sandy Water Park, Llanelli

Could you be the next Richard Branson or Alan Sugar?