Have you missed the 31st January Self Assessment deadline? If so, fear not, all is not lost! However you need to act fast to avoid further fines. For missing the self assessment deadline you will have already been hit with
Class 2 National Insurance Contributions
Class 2 National Insurance Contributions are changing With effect from April 2015, the government have announced that they will be collecting Class 2 National Insurance Contributions through Self Assessment. What does this mean? Under the current system, if you are
Marriage Allowance
Marriage Allowance From 6th April 2015, you will be able to transfer any unused personal tax-free personal allowances between spouses using the new Marriage Allowance. To qualify, one of you must have an income of less than the basic personal
Landlords – Have you received a letter from HMRC?
HMRC send letters to 40,000 landlords Following the introduction of the Let Property Disclosure Campaign, HMRC have stepped up their scrutiny of landlords and their income tax affairs. Over the next 4 months, HMRC intend to send letters to 40,000
Missed the tax return deadline ?
If you have missed the tax return deadline for self assessment, you will receive an automatic fine of £100. The key thing now is to make sure you get your tax return filed and any taxed owed paid. The fines for
Self Assessment Deadline is looming
The deadline for submitting your 2013/14 self assessment is 31st January so you don’t have long to get everything ready, submitted and tax paid. If you fail to meet the deadline that you will be fined £100 and this
Self Assessment Deadline
It’s just over 2 month’s to go before self assessment tax returns need to be submitted and any tax paid to HMRC. The deadline is 31st January 2013, however, if you want any tax owed to be taken from your
HMRC Let Property Tax Campaign
HMRC have launched the latest of their tax campaigns designed to allow taxpayers to voluntarily bring their tax affairs up to date. The latest let property tax campaign is targeted at landlords who un-paid tax on any rent received. The