HMRC targets 2nd home sales

Have you sold a rental property, holiday home or one that was inherited that was not your main residence, did you declare and pay any capital gain tax?  If not then you have an opportunity to declare it to HMRC by the 9th August 2013 and pay tax by the 6th September...

HMRC targetting private tutors and coaches…

HMRC have launched a new campaign targetting private tutors and coaches e.g. academics, fitness instructors, dance teachers, life coaches, music teachers. They have until 6/1/12 to register with HMRC of their intention to make a voluntary tax disclosure of any tax not...

Self assessment 2010/11 late filing penalty

HMRC have introduced new late filing and payment penalties for self assessment 2010/11 tax returns so ensure you file on time – 31/10/11 for paper returns and 31/01/12 for online returns. If you are one day late filing your return HMRC will impose the £100...