Posts Tagged self assessment

From April 2026, the way many sole traders and landlords report their income to HMRC will undergo a major transformation.

Further information has been released by the Government on the increase in the trading allowance rate and when this will come into effect, but beware; the £3,000 is not a tax relief increase, only an administrative increase.

If you are a taxpayer and you are concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.  This means you can spread the cost of you tax bill over a period of 6-12 months, helping improve cash flow.

Self-Assessment deadline 31st January Countdown for 5.7 million customers to file their tax return With less than a month…

5 reasons Self-Assessment customers don’t need to wait on hold

Watch out for scams…  Protect yourself and your money HMRC is reminding customers to be wary of approaches made by fraudsters…

Then you need to register with HMRC by 5 October or face penalties. Anyone who is self-employed is required to…

Beat the January tax rush!

Our pocket guide to 2023/24 tax rates will help you make sense of all the different areas of tax and how they might affect you. This useful guide outlines the tax rates for the next financial year.

Tax investigations can happen to anyone – whether you are an individual or in business. Our tax protection service means you can rest assured that you are protected against the
professional costs associated with an HMRC enquiry.

If you’re a taxpayer and you’re concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.

There is now less than a week to pay 2021/22 self-assessment tax bills or face a penalty equal to 5% of the outstanding tax. Friday 3 March is the final deadline to settle any outstanding tax charges for 2021/22