When can I submit my self assessment?
Self Assessment Tax Returns are used by HMRC to collect Income Tax. If tax is not deducted from any salary, pension or savings, taxpayers must file a tax return. Tax returns are always submitted in arrears. The UK tax year runs from...
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Second SEISS grant now available
The second round of Self Employment Income Support Scheme (SEISS) grants are now available, with sole traders being required to follow the same application process as...
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Why HMRC severely fined thousands of taxpayers last year
New research by UHY Hacker Young reveals nearly 20,000 individuals and businesses were hit with the harshest possible fines by HMRC in 2019, due to what the tax authority says were deliberate...
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Self Assessment tax return mistakes that cost you money
Self Assessment tax returns must be with HMRC on time and should not include any errors, and HMRC have the power to fine you if they decide insufficient care has been...
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