31 Dec deadline PAYE code

by Amc265 | Dec 9, 2011 | Date for your diary, Tips

Remember to submit your tax return by 31 December if you wish HMRC to collect any tax owing (max limit of £3k) through your PAYE code.

HMRC targetting private tutors and coaches…

by Amc265 | Nov 4, 2011 | Date for your diary, Tips

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

by Amc265 | Oct 16, 2011 | Date for your diary

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...

Turning over more than £73k and not VAT registered?

by Amc265 | Aug 15, 2011 | Date for your diary, Tips

HMRC have launched a campaign targetting businesses who are not VAT registered but are trading above the £73k VAT threshold. Letters will be sent out and the deadline for those who want to make full disclosure is 30th September. The benefit will be a reduced penalty...

HMRC 2nd payment of account by 31 July

by Amc265 | Jul 29, 2011 | Date for your diary, Tips

HMRC are late in issuing in some statements in time for the 2nd payment of account by 31 July. If you receive yours late then pay any tax due within 30 days of receipt to ensure that no interest will accrue for late payment.

Self Assessment 2nd Payment on account

by Amc265 | Jul 11, 2011 | Date for your diary

Self Assessment 2nd Payment on account for tax year 2011/12 needs to be paid to HMRC by 31 July.