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 ba...
Time To Pay is a service that allows businesses or individuals to agree an alternative payment plan with HMRC if they are having difficulty paying a tax bill.
automatic calculation and payment to HMRC, simplifying this process for taxpayers”. The focus is on small- and medium-sized enterprises (SMEs), sole traders and self-employed
Jordan Marshall, policy development manager of IPSE, a professional body for freelancers, said: “This change has not been well-publicised by HMRC. Banning credit card payments just before the self-assessment deadline is likely to create problems for both freelancers and the tax authorities. The ...