
Here you can find a useful list of the most important deadlines for all the kinds of submission your small business has to do, ordered by date. Tax returns, applications for dispensation etc.: everything is here. Do not hesitate to contact us if you need assistance.
June 19, 2013
-
monthly returns to be submitted by businesses falling under Construction Industry Scheme (CIS)
-
payments by CIS businesses if made in a non-electronic form
-
monthly payment of PAYE/Class 1 NICs if made in a non-electronic form
June 22, 2013
July 5, 2013
July 6, 2013
July 19, 2013
-
monthly returns to be submitted by businesses falling under Construction Industry Scheme (CIS)
-
payments by CIS businesses if made in a non-electronic form
-
last date for any outstanding Class 1A NICs payments for tax year ended 5 April 2012 if made in a non-electronic form
July 22, 2013
July 31, 2013
Please bear in mind that all costs you pay for the purpose of earning business profits are allowable expenses. Below you can find a list of costs which you can deduct
-
Accountants, solicitors, surveyors, architects and other professional indemnity insurance premiums.
-
Advertising in newspapers, directories etc. mailshots, free samples, website costs.
-
Bank, overdraft and credit card charges; hire purchase interest and leasing payments. Alternative finance payments.
-
Car and van insurance, repairs, servicing, fuel, parking, hire charges, vehicle licence fees, AA/RAC membership; train, bus, air and taxi fares; hotel room costs and meals on overnight business trips.
-
Phone, mobile, internet, email and fax running costs; postage, stationery, printing and small office equipment costs; computer software.
-
Construction industry subcontractors payments (before taking off any tax).
-
Cost of goods bought for resale, cost of raw materials used, direct cost of producing goods.
-
Costs of any business specific insurance policy.
-
Interest on bank and other business loans. Alternative finance payments.
-
Amounts included in turnover but unpaid and written off because they will not be recovered.
-
Trade or professional journals and subscriptions; other sundry business running expenses not included elsewhere.
-
Rent for business premises, business and water rates, light, heat, power, property insurance, security; use of home as office (business proportion only).
-
Repairs and maintenance of business premises and equipment; renewals of small tools and items of equipment.
-
Salaries, wages, bonuses, pensions, benefits for staff or employees; agency fees, subcontract labour costs; employers’ NICs etc.
Sources:
Expenses and allowances for the self-employed – what you need to know
Becoming self employed guide