The new requirement to correct (RTC) legislation was introduced by the Finance (No.2) Act 2017. The legislation created a new statutory obligation for taxpayers with undeclared UK tax liabilities that involve offshore matters to disclose any relevant
1 March 2018 - Due date for corporation tax due for the year ended 31 May 2017.
2 March 2018 – Self assessment tax for 2016/17 paid after this date will incur a 5% surcharge.
19 March 2018 - PAYE and NIC deductions due for month ended 5 March 2018.
In its “Good Work” response to the 2017 Taylor Review of Modern Working Practices, the government stated that, as part of its commitment to raising awareness of employment rights, it was to instigate a campaign to encourage more working parents to
From 6 April 2018, all payments in lieu of notice (PILONs) equivalent to the amount of basic pay will be taxable as earnings, i.e. subject to tax and NICs, regardless of whether there is a PILON clause in the employee’s employment contract. As such,