Search Results for "self-assessment tax returns"

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Filing your tax return early

Filing your tax return early

The 2023-24 tax year ended on 5 April 2024 and the new 2024-25 tax year started on 6 April 2024. Most taxpayers will be happy to leave dealing with their 2023-24 tax returns until later this year or even until January 2025.

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Tax Diary March/April 2024

Tax Diary March/April 2024

Mark your calendar for key tax deadlines: Corporation Tax, Self-Assessment, PAYE, NIC, and CIS. Timely submissions are crucial to avoid penalties. Stay informed and avoid late filing charges after April 30, 2024..

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Time to Pay your tax

Time to Pay your tax

Seeking tax payment support? HMRC’s Time to Pay aids businesses and individuals in financial distress. Use the online option within 60 days, meeting eligibility criteria. Tailored case-by-case agreements offered for varied circumstances.

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Time to Pay tax

Time to Pay tax

HMRC offers support for tax payment challenges. Use the online plan for Self-Assessment bills up to £30,000, filing within 60 days. Time to Pay arrangements are case-specific, allowing flexibility for those in need. Contact HMRC for assistance.

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Closing the door on tax planning

Closing the door on tax planning

Optimize tax benefits by acting before tax year end. Example: Purchase equipment a day before cutoff for earlier tax relief. Review individual circumstances for tailored planning. Submit overdue tax returns promptly. Plan for 2023-24 tax reductions post-deadline. Schedule a meeting to safeguard savings and cashflow.

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Self-Assessment scam warning

Self-Assessment scam warning

Fraudsters are continuing to target taxpayers with scam emails in advance of the deadline for the submission of Self-Assessment returns for the 2022-23 tax year. In the 12 months to September 2023, HMRC received more than 130,000 reports of

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Self-Assessment threshold change

Self-Assessment threshold change

Starting April 2023, the UK Self-Assessment threshold for PAYE-only taxpayers increased to £150,000. Taxpayers falling in this category no longer need to file returns if they meet certain criteria, but others with varied income sources may still be required to file. Informing HMRC promptly is essential.

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Tax Diary September/October 2023

Tax Diary September/October 2023

Stay organized with upcoming tax responsibilities in September and October 2023. Remember key dates for corporation tax, PAYE/NIC deductions, CIS returns, and self-assessment filing. Keep your finances on track.

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Getting a SA302 tax calculation

Getting a SA302 tax calculation

Learn about the significance of SA302 tax calculation and tax year overview documents for the self-employed seeking loans or mortgages, and how to obtain them online for smooth financial transactions with lenders.

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