Tag: self-assessment

Normally, late filing penalties are applied to all returns filed after the 31 January deadline. Those penalties are cancelled if the customer has a reasonable excuse for filing late. However, this year HMRC is not issuing late filing penalties for a month to help taxpayers and agents who are unable to meet…
If you decide to find a new accountant to prepare your Income Tax Self Assessment, the end of December would be a tough period. This time of the year Christmas is our national priorities, not taxes. The shopping fever, office Christmas parties, wrapping paper and gifts take over our minds.…