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: An overview of self-assessment, including deadlines Wh...
(b) was different from that of section 39E of the Inland Revenue Ordinance (Cap. 112) (IRO) (under which a taxpayer providing machinery to a Mainland entity free of charge under the import processing arrangement was not eligible to claim depreciation allowance for tax assessment in Hong Kong...
Self Assessment, Investigations & Audits Even if you haven’t made a mistake on your tax return and don’t have anything to hide, the prospect of an HMRC investigation can be worrying. So, what triggers an HMRC investigation, what does an HMRC investigation involve and what could be the ...
Among the more difficult scams to detect are those that claim to come from HMRC, which is warning Self Assessment taxpayers to be vigilant when it comes to scam texts, emails and phone calls that in reality come from fraudsters and criminals. UK tax scam warning HMRC received more than 130...
Self Assessment Filing 减税 距离1 月 31 日的自我评估截止日期仅剩几天时间,请确保您已充分利用所有的支出费用和tax relief进行减免,否则您将会缴纳过多税款的。 虽然HMRC 最近宣布将免除 2 月份的逾期罚款费,但您仍需支付自 2 月 1 日起所欠税款的利息,因此在官方截止日期之前仍需支付。
Self-employment and taxYou will be considered 'a chargeable person' for self-assessment purposes if you are due to pay tax on behalf of yourself (or another person) for a particular tax period.For instance, if you:have other sources of income in addition to your PAYE salary Or...
How might I claim assessment relief for HMRC miles? There is no automatic assessment relief. You should file a return with HMRC. You have as long as four years from the finish of the fiscal year to claim it. When you are completing your tax return the mileage calculation comes under‘Car...
If you're a sole trader, you can deduct expenses to reduce your tax bill. Find out what costs qualify and how to claim.
How do I work out my tax under Self Assessment? You need to fill in a Self Assessment Tax Return, more usually just called a tax return, once a year. Each tax return covers a tax year, which is 6th April one year to 5th April the following year. The tax return then has to be ...
Keep on top of your transactions and prepare your Self Assessment for Income Tax return with this checklist. From registration requirements to submission deadli