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, started renting a property or received a pay rise which will impact on your child benefit allowance? Then you will need to register with HM Revenue & Customs by 5 October after the end of the tax year.
For example, on 3 January
If you are an existing taxpayer who has received a notification to file, do you prepare this yourself using a paper form provided by HMRC? In that
If you wish to file your tax return after 31st October then it needs to be submitted either using HMRC’s online system or third party software. At Lambert Chapman LLP all of our tax returns are filed electronically, as this is a safe and secure way of complying with HMRC requirements.
Please get in touch with our Tax Team if you require any further assistance.
The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.