02 July 2024            
    
        
        
        When a holding company sells shares in a subsidiary, the VAT incurred on the professional fees involved would normally be irrecoverable, on the basis that a            
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                    02 July 2024            
    
        
        
        Date What’s Due 01/07 Corporation tax payment for year to 30/9/23 (unless quarterly instalments apply) 05/07 Last date for agreeing PAYE settlement agreements for 2023/24 employee            
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                    03 June 2024            
    
        
        
        P11d forms for reporting expenses and benefits in kind provided to employees and directors in 2023/24 need to be submitted by 6 July 2024. Note that            
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                    03 June 2024            
    
        
        
        The deadline for reporting shares and securities and share options issued to employees for 2023/24 is 6 July 2024. This is the same as the deadline            
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                    03 June 2024            
    
        
        
        Where a company car is provided for use by an employee or director there is a benefit in kind taxable on the employee based on the            
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                    03 June 2024            
    
        
        
        HMRC have announced that the official rate of interest will remain at 2.25% for 2024/25, despite the Bank of England Base Rate currently standing at 5.25%.            
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                    03 June 2024            
    
        
        
        As mentioned above the HMRC rate of interest on beneficial loans looks very attractive compared to the Bank of England Base rate of 5.25%, and much            
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                    03 June 2024            
    
        
        
        The table below sets out the HMRC advisory furl rates from 1 June 2024. These are the suggested reimbursement rates for employees' private mileage using their            
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                    03 June 2024            
    
        
        
        Date What’s Due 01/06 Corporation tax payment for year to 31/8/23 (unless quarterly instalments apply) 19/06 PAYE & NIC deductions, and CIS return and tax, for            
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                    30 April 2024            
    
        
        
        Although making tax digital income tax self assessment (MTD ITSA) is not mandatory until 6 April 2026 at the earliest, it is possible for certain individuals            
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                    30 April 2024            
    
        
        
        Travelling from home to an employee’s normal workplace does not qualify for tax relief. This is referred to as “ordinary commuting and, furthermore, if the costs            
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                    30 April 2024            
    
        
        
        Whether or not an employee’s home is a workplace does not affect the availability of tax relief for travel expenses. Travel expenses from home to a            
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