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 still need to complete and pay their Self Assessment and avoid penalties, HM Revenue and Customs (HMRC) warns. Thousands of taxpayers have already done so by completi...
The extension to 15/02/25 was granted because the first return was signed by the named person, hence it was on time and there was no need to file online.Yet, to avoid arguing at a sensitive time which of course would result in a fine for late delivery if we started disputing the '...
5 Excellent Reasons to Choose Us to File Your Tax Return Discover how to make tax returns a doddle... Find out more Search Blog by Keyword: Search by Keyword: Search Blog by Category: Categories Select Category Alternatives to an accountant completing your Self Assessment tax return 14 Fe...
HMRC has updated its compliance checks factsheet, Penalties if you do not file Income Tax, Capital Gains Tax and Annual Tax on Enveloped Dwellings returns on time (CC/FS18a), to include details of its privacy policy. HRA penalties factsheet HMRC has updated its compliance checks factsheet, ...
HMRC tax return for the self-employed How to set up a personal tax account We can help If you’re self-employed, you might already use your HMRC personal tax account to file a Self Assessment return. But all UK workers can benefit from logging into their accounts from time to time, whe...
6. File Your Self-Assessment and VAT Returns On-Time HMRC is more likely to want to review your affairs if you regularly file your tax returns later. So remember to submit your returns on time, every time. Be Prepared for a Tax Investigation ...
Need software or an accountant to manage your tax? Well, we have both - choose a plan that suits you. Bookkeeping software for sole trader and small businesses Start for free File tax return directly to HMRC in minutes Start tax filing ...
Step 3: Download the NIC Election document as well as the option holder’s fully signed option agreement. Make sure the Election file is named 'Blank NIC Election'.Step 4: Send both the NIC Election and fully signed option agreement to HMRC using this email address: shareschemes@hmrc.gov....
If you submit your subsequent VAT return on time, there’s no further penalty. However, if you file subsequent ones late, you must pay another £200 late-submission penalty for each one. What if you use a non-standard accounting period? If HMRC has agreed to allow you to use non-...
If you’re an employee and claiming less than £2,500, fill in a P87 or file online. Self-employed taxpayers or employees claiming over £2,500: use the self-assessment system by submitting a self-assessment tax return. FreshBooks makesself-assessmenteasy for you by keeping your records...