Business and Tax News - Self Assessment

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March 19th 2024
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SELF ASSESSMENT - NEWS

HMRC Using Digital Prompts To Reduce Mistakes

TAX RETURN

HMRC Using Digital Prompts To Reduce Mistakes

Taxman using past income data and earnings data from external sources to make sure submissions are correct.
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Defer Your Self Assessment Payment This Month To Save £4,000

TAX RETURN

Defer Your Self Assessment Payment This Month To Save £4,000

The payment on account for 3 million self assessed taxpayers, normally due July 31st, can be deferred without penalty this month.
One Million Tax Returns Missed The Deadline

TAX RETURN

One Million Tax Returns Missed The Deadline

8 percent of tax returns missed the 31st January submission deadline, giving HMRC an additional 100 million in fines.

TAX RETURN

5 Days To Tax Return Deadline

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