Taxpayers filing self assessment tax returns that want HM Revenue &
Customs’ help in calculating their tax bill, have until Saturday to file their
If they miss the 30 September deadline, they have until 31 January to do so
without penalty, but will have to calculate their tax bill themselves.
Last year many taxpayers got their final tax bill wrong, leading to
overpayments of £319m.
According to The Scotsman, the majority of errors are made by those
who choose not to accept official help from HMRC in calculating how much they
owe and who left filing their return to the last minute.
Late payment after 31 January 2007 will result in a £100 fine.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay