GOV.UK summary: Millions of taxpayers filed their Self Assessment tax return for the 2023 to 2024 tax year by the deadline. More than 11.5 million taxpayers filed their Self Assessment tax return by midnight on 31 January. 97.36% of tax returns were filed online. 90.53% of expected filers ...
Companies mustsubmit their ATED returnand make any payments for the 2023 to 2024 period between1 and 30 April 2023. More information can be found at:Annual Tax on Enveloped Dwellings | GOV.UK How much are the annual charges? Once a property has been revalued, the annual charge is then a...
With more than 12 million taxpayers due to complete self-assessment for the 2023/24 tax year, HMRC is urging them to take advantage of their online resources for help. While of course, some questions may be quite complex,needing the expertise of an accountant, for those who do not ...
HMRC has dubbed 2023-24 a ‘transition year’ for those affected by this reform. The interactive guidance will help sole traders calculate the Basis Period Reform elements of their tax return. The existing online form for sole traders and partners to request overlap relief details will continue t...
Online returns: Due by 31st January after the tax year ends (e.g., for the tax year ending 5th April 2024, the deadline is 31st January 2025). How to Report Your Crypto Taxes to HMRC Report your crypto gains or losses to HMRC through a Self Assessment tax return: ...
From August 2023, HMRC introduced stricter compliance measures, including mandatory submission of a detailed additional information form alongside R&D tax relief claims. These steps aim to safeguard the integrity of the scheme while maintaining access to much-needed innovation funding for legitimate claiman...
Garage owner:“My accountant provided me with an innovative Making Tax Digital solution, which really helped me by reducing the time I needed to spend on VAT returns – time which I have little of.” IT consultant:“Making Tax Digital simplifies running a business in an increasingly online wor...
Ordained Presbyter "Easy to use and value for money. Everything you need to do your tax." Gordon J. Self Employed "It fills in all the forms and sends them to the Inland Revenue. Not expensive either. Takes the stress out of doing your tax return online." Ross G. Team RectorSign...
Hi all, I just wanted to alert people to a text message I had apparently received from HMRC. Last week I did call Tax Credits, so the text was not entirely suspicious at first. It simply said:HMRC: Time is running out to renew your tax credits. Do it online now or your payments wi...
(delaying UK rollout). This was declined. They have asked for a letter to mailed to them to challenge the cancellation. I have now also set up a tax reporting software to only file a nil return. Currently at my wits end with all of this. Here I thought proactive was the way to go...