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It’s that time of year – to remember your tax return.
It's that time of year – to remember your tax return.
Don't forget the deadline for HMRC to receive self-assessment tax returns is 31st January.
RNS Chartered Accountants' Partner Robert Smith said it was not too late to seek advice.
“It may appear last minute but, as long as people act quickly, we can provide the necessary support and reassurance,” he said.
“Our team can quickly assess an individual's needs and fill out tax returns on their behalf.
“Surcharges and fines kick in from February 2019 and HMRC may look at those that are filed late as higher risk and individuals may be inviting a knock on the door from the taxman further down the line.
“Give your contact a call at RNS if you require any support or, if you are new to our firm, please call me.”
Robert can be contacted on (01724) 842713.
04 Mar 2024
HMRC has published guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requirements for sole traders and landlords.
Over one million self assessment taxpayers missed the filing deadline at midnight on 31 January, according to data published by HMRC.