I’m sure you know that the HM Revenue and Customs deadline was January 31st this year, and you are probably one of the many companies that submitted on time, in which case sit back and enjoy some of the following tax return excuses (they really were used). If you DIDN’T send your submission on time, … [Read more...]
The deadline for filing an online tax return for the 2017-18 tax year is fast approaching. Self-employed workers are among the 11.5 million Brits who need to have sent a self assessment return by 31 January 2019 or risk being fined £100. You’ll need to send a tax return via the HM … [Read more...]
Have You filed your Tax Return?
With less than a week to go, approximately over three million people are yet to complete their returns. People in East Anglia have also been cutting it fine – as of January 5, 44% of those who needed to complete a self assessment in Norfolk and Suffolk had not done … [Read more...]
WHO COMPLETES THEIR TAX RETURN ON TIME
Quite interesting to know who completes their tax return on time figures show the following:- Older people are also more likely than younger ones to get their returns in on time, with only 104 per 10,000 tax returns filed by over-65s being late, compared with 833 for every 10,000 sent in by 18 … [Read more...]
HM Revenue and Customs digital push could see end of Tax Returns by 2020
Maybe the HM Revenue and Customs are too ambitious HM Revenue and Customs have issued continuous documents explaining changes to transform the UK's tax system under the Making Tax Digital initiative. This will intend to make HM Revenue an Customs one of the most digitally advanced tax … [Read more...]
HMRC says 92% of Self Employed Filed on Time
A big thank you to the the team that worked overtime. We managed to file all of our tax returns on time. Chris James, our Practice Manager, states "We filed 218 Tax Returns for 2014/15. This is an all time high for us and are hoping to reach 250 of our clients Tax returns for 2015/16 Also, … [Read more...]