Taxpayers have been urged to be cautious of refund scams as the 31 January tax return deadline draws closer.
As penalties on tax owing do not begin until the 2nd March, this means that a return made before the 28th February will cost the taxpayer interest on tax owing, but no flat rate fine or penalty. In real terms, this is an extension to the deadline for those who owe little or no tax...
And HM Revenue and Customs (HMRC) is warning them to file now or risk missing the 31 January deadline – and getting a £100 penalty. 6 January 2025 11:00 5.4 million yet to file their tax return With less than a month to go, the countdown is on for 5.4 million customers who...
Your partner or another close relative died just before the tax return or the payment deadline. You had an unexpected stay in the hospital that prevented you from managing your tax affairs. You have a serious and/or life-threatening illness While preparing for your return...
Never miss a deadline with a breakdown of Self Assessment payments on the Tax Timeline File your tax return directly to HMRC (if you’re a sole trader, director of a limited company or unincorporated landlord) Change your accounting year-end date anytime ...
The penalty for late filing of taxes can vary depending on the circumstances. If you fail to file your tax return by the deadline,... Contact HMRC customer service Recent HMRC Customer Questions Hi, I would like to report that I have changed jobs recently. I started working at my new jo...
If your client misses the deadline for submitting their return, HMRC will record a 'default' on their account. They will not pay a charge the first time but if they default again within 12 months, they may have to pay a charge on top of the VAT they owe. You c...
You must send your VAT return by the deadline for your accounting period (ie the period for which you need to submit a VAT return to HMRC). The new late-submission penalty system is points based. You get a penalty point for every VAT return that’s submitted late, until you reach a ...
deadline, it is possible to make a voluntary disclosure and a tally of items that you would otherwise have included in an EPI. HMRC online contact. Change of address or personal details – If you change your address or any other person 30th Mar 2021. Deadline Looming: Payrolling of ...
5 October is the deadline for telling HMRC that you owe tax on a new source of income from the previous tax year. How to report savings income to HMRC In the month following the end of the tax year on 5 April 2024, you should get information from your bank about the interest earned...