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Self Assessment Tax Returns

Better education needed over phishing, expert warns

Posted on: 03 February 2010

Computer security_2862_19595102_0_0_7047936_300 Contractors need to be better educated on the risks presented to them by online email scams, it has been claimed.

With the January 31st 2010 deadline for self-assessment tax returns having passed, HM Revenue & Customs has already warned consumers to expect a rise in cons of this nature,...Read more

HMRC limits helpdesk service ahead of self-assessment deadline

Posted on: 28 January 2010

HMRC offices_2862_19583975_0_0_7016256_300 Freelancers preparing to submit their online self-assessment tax returns will be hoping they do not encounter any last-minute issues.

This is because HM Revenue & Customs' (HMRC's) online services helpdesk (OSH) will operate a limited service on January 30th and 31st, despite the fact t...Read more

Contractors hit with hike in tax payment costs

Posted on: 27 January 2010

CC Cash_2862_19581106_0_0_7051458_300 Contractors using the telephone to settle their tax bills are set to be hit by a hike in the cost of their card transactions, it has been reported.

Previously, people wishing to pay off their bills via HM Revenue & Customs' (HMRC's) telephone service have been charged a 0.91 per cent ha...Read more

Deferred tax payments 'put HMRC under pressure'

Posted on: 26 January 2010

tax date_2862_19578114_0_0_7009925_300 The number of contractors and self-employed workers looking to defer their tax payments in the coming weeks will put HM Revenue & Customs (HMRC) under severe strain, accountants have warned.

On January 31st, two income tax payments will have to be made to coincide with the filing of onl...Read more

Britons fill in tax returns on New Year's Eve

Posted on: 19 January 2010

Self Assessment_2862_19565720_0_0_7040679_300 HM Revenue and Customs (HMRC) has revealed that some people in the UK spent New Year's Eve filling in their self-assessment tax returns.

The organisation said that while many were seeing in 2010 with fireworks and a party, nearly 15,000 Britons were filing their forms online, BBC News repor...Read more

Missing self-assessment deadline 'could lead to fine'

Posted on: 11 January 2010

Self Assessment_2862_19550268_0_0_7040679_300 People who miss the deadline for handing in their online self-assessment tax return could be hit with a fine, experts have warned.

According to Unbiased.co.uk, people who do not submit their forms to HM Revenue and Customs (HMRC) by January 31st could be hit with an initial £100 charge...Read more

Business owners urged to prepare tax payments early

Posted on: 06 January 2010

Tax Return Owners of small businesses have been encouraged to be organised when planning their tax payments.

According to Discover Financial Services, company bosses would benefit from preparing their taxes as soon as they can.

This, it said, would be a good move because delaying could lead t...Read more

HMRC issues tax return reminder

Posted on: 05 January 2010

Customs Businesses in the UK have been reminded to submit their Self Assessment tax return before the upcoming deadline on January 31st.

According to HM Revenue and Customs (HMRC), anyone who misses the cut-off point could potentially be hit with a £100 penalty.

Therefore, it is encou...Read more