HMRC have recently advised that they have delayed issuing penalty notices to taxpayers who failed to file their 2018 Self-Assessment Tax Returns by the 31 January 2019 deadline. Their reason? – to free up call-centre staff for Brexit queries. Please note that...
With the last of the public holidays behind us until Christmas and the kids back to school, it’s time to set your mind to filing your tax return. Change of Circumstances? Are you newly self-employed, have you been promoted to company director, made a capital disposal,...
How many times have we heard people say – how will they catch me? HMRC will never know! Well HMRC is biting back. Gone are the days of an Inspector going undercover to sit in a car outside a customer’s house or at the end of a bar, paying in cash. Instead, over the...
ACT NOW! It is time to prepare the Forms P11D and P11D(b) for the 2017/18 tax year. The forms are the employer’s responsibility. They are required for directors or employees who are provided with benefits or for whom you pay or reimburse non-deductible expenses. The...
HMRC have been phasing in the use of online personal tax accounts for the past couple of years. These online accounts are available to all UK tax payers (both personal and business), and allow you to manage your tax affairs online. With a secure registration process,...
As a fairly recent newly-wed, this one had passed me by until saw it flagged up on my Personal Tax Account. Although not eligible myself, it really was very simple to check, and so I’m keen to spread the word on this little-known perk of married life… The...