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 completing their tax returns before the fizz was ...
Myrtle Lloyd, HMRC’s Director General for Customer Services, said, “We want to help customers get their tax returns right first time which is why we have produced a wealth of online resources and guidance to support them every step of the way. “Just search ‘Self Assessment’ on ...
- claim a refund if you’ve paid too much tax - work out your take-home pay with the tax calculator - check how much Self Assessment tax you owe and make a payment - set reminders for your Self Assessment payments - check and save your Unique Taxpayer Reference (UTR) for Self Assessme...
Yes, self-employed and sole traders can claim mileage expenses. HMRC acknowledges mileage expenses are a common cost in business. They offer two options to make such a claim. The flat-rate scheme simplifies the process for some. For others, the best way is to claim the actual vehicle expens...
The FTT pointed out that it was not a requirement to submit evidence of deductions with a self-assessment return. The whole basis of self-assessment was a "process now, check later" regime. Whilst HMRC had asked the taxpayer to provide evidence of the expenses as part of its enquiry, it...
I resorted to sending a letter but no reply that way either. Try using their online chat facility - you should get a response fairly quickly. Go to gov.uk and type contact HMRC in the search box. Click contact HMRC, clock self assessment, then sele...
After filing your Self Assessment return, you can then view and print the SA302 tax calculation summaries. You’ll also be able to: Check your unique taxpayer reference (UTR) number Claim tax repayments Make claims to reduce payments on account Notify HMRC of changes to self-employment Read ...
Simple Assessment process is a joke! Out of the blue I receive a letter from the HMRC requesting £226.20. My initial concern was that it was a scam, as the letter was amateurish to say the least. They stated that they hadn't received payment, yet but this was the first communication...
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Before you go ahead and submit your VAT return through MTD in QuickBooks Online, there are a few things you should do to help ensure a smooth process: Make sure you have VAT setup in QuickBooks. Check you're using the correct VAT registration number that ma...