Pre-April tax planning reminder

Pre-April tax planning reminder

The new tax year starts 6 April 2023, so you have a couple of months to consider your options, once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned before the 6 April.

Do you fall into any of these categories?

If you do we can help you discuss your options ahead of the 6 April deadline!

The above list is not comprehensive, and at James Anderson + Co we specialise in helping clients with all taxes including PAYE, NIC, VAT, Corporation, Capital Gains, Income and Inheritance tax. Please get in touch through our contact page, or give us a call on 0131 440 1373, we’d be happy to help! 

Company Tax Returns

Company Tax Returns – Job Retention Scheme and Eat Out to Help Out

If you received a Coronavirus Job Retention Scheme (CJRS) grant or an Eat Out to Help Out payment, you will need to do both of the following:

You should record all other taxable COVID-19 payments as income when you calculate your taxable profits.

Please talk to us if you require our help in disclosing grants and other support to HMRC. See: Corporation Tax forms – GOV.UK (www.gov.uk)

Here at James Anderson we specialise in tax and can help you complete your business tax return in compliance with HMRCs regulations. If you think this is a service that your company would benefit from, please get in touch through our contact page, or give us a call on 0131 440 1373, we’d be happy to help!