Information

Use the resources on these pages to find out technical information such as taxation rates and allowances or for general aspects of business development and advice.

Quarterly Newsletter

Here is our latest quarterly Newsletter. If you would like previous copies, or to be added to our mailing list, please contact Jane
• Newsletter Page 1
• Newsletter Page 2
• Newsletter Page 3
• Newsletter Page 4

Income Tax Rates and Allowances - Current & Previous Tax Year

Understanding how you are taxed need not be as confusing as it sounds. Click on this link to find out this tax year’s tax tables. In most instances, where you are not receiving any benefits in kind, you can calculate your personal income tax by deducting your personal allowance from your gross pay and applying tax at the appropriate % rate. If you feel that you need any advice or guidance for more complicated circumstances, drop us an email.

Institute Of Chartered Accountants

Go to the Institute of Chartered Accountants for information on technical support, learning and development and advice and guidance on Accountancy Standards.

Taxation of Churches and Charities

We specialize in offering advice and guidance to churches and charities, helping with tax reliefs and tax obligations. For broad guidelines on this subject click on the link for up to date information from the Inland Revenue.

Inheritance Tax Planning

With the value of homes ever increasing, it is very easy to reach the Nil Rate Band of £285,000, making inheritance tax planning essential to more and more people. To understand more, click on the link. At Clarkson and Co we are experts in inheritance tax mitigation, contact us to help you plan so your loved ones receive the true value of your estate.

Tax Credits and Allowances

Do you understand what benefits that you are entitled to? As working families, retired returners to work or carers of disabled people, you may be eligible for tax credits. Click to find out more

Bradford Chamber Of Commerce

Bradford Chamber’s website offers a whole host of information. It will help you find ways of saving time and money. It also provides access to expert advice, useful information and assist in connecting you to other businesses locally, nationally and worldwide.

DWP - Department of Work & Pension

Gives helpful advice on national minimum wage requirements and the new working age legislation.

Advice on charities and SORP 2005

The Charities Commission's website gives lots of useful information and contact points for additional advice. Copies of all their publications can be ordered or downloaded from this site.

Companies House

We use this site to electronically file annual returns. Advice on company law together with handbooks and forums can be obtained from this site.

SAGE

We can obtain discounts on upgrades and sage cover for clients.

Important Dates

PERSONAL
Self Assessment Tax Return . . . . . . . . . . . . . . .31st Jan following end of tax year
Child and Working Tax Credit Returns . . . . . . 31st August following end of tax year
Payment of income tax . . . . . . . . . . . . . . . . . . . . 31st January and 31st July

PARTNERSHIPS
Partnership Tax Return . . . . . . . . . . . . . . . . . . . .31st Jan following end of tax year

LIMITED COMPANIES
Corporation Tax Return . . . . . . . . . . . . . . . . . . . . To be filed 1 year after end of company year
Corporation Tax . . . . . . . . . . . . . . . . . . . . . . . . . . .Payable nine months after end of company year
Accounts to file with Registrar of Companies . .Ten months after end of company year

Businesses operating PAYE
P35 Year end return . . . . . . . . . . . . . . . . . . . . . . . Submit by 19th May following tax year end
P11D forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Submit by 19th July following tax year end
PAYE & National Insurance Payable . . . . . . . 19th of the mth on either monthly or quarterly basis
Payment of Class1A National Insurance . . . . .19th July following tax year end