Posted on 9th September 2019
If you’re still submitting your tax information to HMRC via a paper self assessment tax return, don’t miss the deadline on 31 October.
Digital technology is making our lives easier and faster in just about every area, including filing your tax return. If you submit your tax details to HMRC online, you have until 31 January 2020 to do so.
However, if you’re still filing paper tax returns, your deadline falls a lot sooner – on 31 October. So, don’t have tax nightmares; make sure your return reaches HMRC by Halloween or you will have to pay a penalty (£100 if your return is up to three months late).
HMRC also needs to receive any money you owe by the submission deadline. So, it’s important to plan ahead regarding which payment method you intend to use, because the time it takes for the money to reach HMRC can vary depending on the method.
If you’re a busy self-employed person, this probably sounds like a lot of hard work and hassle. The prospect of filling out your tax return, particularly if it’s the first time you’ve completed one, can often feel very daunting and intimidating. It’s essential that you supply correct, accurate information to HMRC in order to ensure that you remain compliant and pay the right amount of tax.
You could also miss out on tax relief if you’re not aware of the many work-related expenses that could qualify for a tax refund.
Why not take the burden off your shoulders and let us take the strain? For just £118 plus VAT, we can complete your tax return and ensure it is submitted to HMRC before the deadline. This not only saves you time and effort, it will also leave you with complete peace of mind. Our fee includes liaising with HMRC on your behalf and responding to any issues that may arise.
So, contact us today and let’s make sure you don’t have tax nightmares.