David Wilson sets out key issues for advisers to consider this month
The autumnal weather is a reminder that the consultation season is drawing to a close and we are now entering the season of tax returns and pre-budget announcements.
The normal filing date for a self-assessment tax return issued in April 2012 was 31 October 2012 for a paper return and is 31 January 2013 for a return filed online. There is however a third date that is of vital importance for PAYE taxpayers wishing to pay their tax liabilities by instalments. If they submit their 2011/12 self-assessment tax return by 30 December 2012 they have the choice of paying their 2011/12 balancing payment by instalments instead of in one lump sum on 31 January...
