Self-Assessment taxpayers warned of next payment deadline
Posted onTaxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent.
Category: Tax
The VAT filing deadline is approaching: How to get prepared
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It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax (VAT) to avoid penalties.
How can you deal with VAT return errors?
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If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could be at risk of further investigation or fines from HM Revenue & Customs (HMRC).
Large number of over 65s file Self Assessment tax return
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The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
HMRC penalties alert as 5.7 million still to file tax returns
Posted onTaxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
Thousands file tax returns on Christmas Day
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More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
MTD for ITSA postponed by two years
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The Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative has been delayed by two years, it has been revealed.
Furnished Holiday Let Tax: What do you need to know?
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A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
Capital Gains Tax: What do you need to know?
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Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
New VAT penalty regime – What do you need to know?
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HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
