HM Revenue & Customs have clamped down on their late filing payment and penalties policy and have introduced a £100 fine for those who may not even have a tax liability. Not only this, they have changed their system for penalties and surcharges.
You will need to file a tax return if:-
The submission deadline for a paper return is 31st October but if you file online, you have until 31st January after the tax year end.
We recommend completing your personal tax return as soon possible after 5th April as you can. This way, you will be aware of what payments are due to HMRC and ensure you have enough money set aside. If you are in a rebate situation, the rebate will be issued to you promptly.
Please call us on 01227 277667 for further information or email us at firstname.lastname@example.org
MPH Accountants can relieve you of all the stress associated with completing HMRC compliance. We will ensure all of the requirements are met and the correct forms are submitted on time.01227 277 667