When Is the Deadline for the Self Assessment Tax Return? The Self Assessment tax return deadline is the 31st January. By then, the tax return must be sent to HMRC so they can determine how much tax and National Insurance you are liable to pay. Please note that HMRC do not advise on ...
The article evaluates the processing of the self-assessment system adopted by Great Britain's Inland Revenue. According to certain tax experts, the Inland Revenue is still floundering as the deadline for evaluating the self-assessment system draws closer. According to Chas Roy-Chowdhury, head of ...
Follow these useful tips to avoid the most common mistakes that people make in the rush to file before the deadline. Guide How to complete your Self Assessment tax return Find out which sections of the tax return you’ll need to complete and what information you’ll need to provide. ...
You will also have to register for self-assessment if you claim child benefit and either yours or your partners earning has risen above £50,000 in the past year. The deadline for registering is 5 October. The deadline is irrespective of whether you wish to complete a paper return or...
You should always file a Self-Assessment tax return however much you have earned if you don’t pay tax monthly via a PAYE (Pay As You Earn) payroll system. You should also file a Self-Assessment tax return if you have exceeded £1,000 from self-employment or £2,500 from other un...
No £100 fine for late self-assessment if it is made before February 28th- but taxes due will still be hit with interest.
Completing your Self Assessment can be daunting. Read this guide on submitting a tax return for sole traders or self-employed and learn all you need to know.
Around 12 million people are expected to submit a self-assessment tax return this year. Missing the deadline can be costly with an automatic £100 penalty, even for those who don’t owe any tax. The deadline for paying the bill is also the same as filing, so if you mis...
As a small business owner, it’s likely you will be aware of the approaching self-assessment tax deadline. Read this article to learn more about self-assessment and the expenses you can claim on your tax return. Here’s what we cover: ...
The tax office’s self-assessment helpline will be closed for three months from 12 June, HMRC has confirmed.