4,409 Self Assessment customers completed their tax return on Christmas Day 40,072 filed their tax return over the Christmas break Customers encouraged to prepare and file their tax return ahead of January deadline More than 4,400 Self Assessment customers avoided peeling the sprouts to file their...
Sole traders who need to comply with the new requirement to report their profits at the end of the tax year can access aGOV.UK interactive toolto help them navigate the changes. The tool will help sole traders complete their 2023-24 Self Assessment tax return correctly based on the details ...
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...
I no longer need to complete a self-assessment tax return I need to register for self-assessment Can you tell me if I still have to complete a tax return? What’s happening with my self-assessment registration? What’s happening with my self-assessment repayment? Myrtle Lloyd, HMRC...
The FTT has held that, in this case, HMRC had not made a valid discovery on which the assessment could be based for the purposes of TMA 1970 section 29. The FTT pointed out that it was not a requirement to submit evidence of deductions with a self-assessment return. The whole basis of...
No £100 fine for late self-assessment if it is made before February 28th- but taxes due will still be hit with interest.
The tax office’s self-assessment helpline will be closed for three months from 12 June, HMRC has confirmed.
Self-employed? Sign up and take the stress out of HMRC self assessment with QuickBooks accounting software. You'll be confident your taxes are done right.
Cryptocurrency as Self-Employment Income Income Tax For the self-employed receiving cryptocurrency as payment, report it as self-employment income. Maintain records of all transactions and their value in pounds at the time of receipt. Tax Return: Include details in your Self Assessment tax return....
In common with many other poor souls, I have in recent years had to submit a self-assessment tax return to HMRC. Let’s just say that, unless they’re going to announce a rebate, I don’t relish hearing from them. So I was rather surprised to receive an email from “HMRC Help and...