Self Assessment

Page 1 of 2 1 2

Self Assessment form-filling set to become less "taxing"
[April 22, 2008] Millions of new look tax returns are being sent out over the next few weeks, following a revamp of the main self assessment tax return.

End of tax year - small business checklist
[March 31, 2008] A leading accountancy firm has urged small business owners to ensure they are making the most of available tax allowances prior to the end of the tax year on 5th April.

Self Assessment deadline extended to midnight, Feb 1st 2008
[January 31, 2008] Following "technical difficulties" suffered by HMRC's online self assessment system, the deadline for filing tax returns has been extended to midnight on February 1st 2008.

FSB calls for Revenue to be more lenient on tax return late filers
[January 25, 2008] It is estimated that 10% of the 4.5 million small businesses in the UK will not submit their self assessment tax return form by the 31st January deadline. The FSB says the fines late payers have to incur are an unncessary burden on the UK's small companies.

Self Assessment - 11 Tips to get ahead of the taxman
[January 17, 2008] Andy Hardy demystifies the tax returns process and offers top tips on how you can ensure you don’t get caught out by the taxman.

Basic income tax rate reduction - some potential downsides
[January 15, 2008] On 6 April 2008 the basic rate of income tax will reduce from 22% to 20%. More importantly the starting rate of 10% is abolished from the same date. Here are some possible adverse affects of these changes

Self Assessment - last minute filers could face IT problems
[January 11, 2008] The ACCA is warning against leaving your self assessment return until the last minute, as computer glitches in past years have resulted in £100 penalties - even for some people who submitted before the deadline

Self Assessment Tips - get your tax return in on time
[January 11, 2008] Taxpayers should ensure they submit their tax returns by the Jan 31st deadline. Here are the ICAEW's top self assessment tax tips.

Self Assessment online - video help available
[January 2, 2008] For people thinking of completing their self assessment forms online, a new video has been uploaded to make the task a little easier.

It's only £100. Should I really worry if my tax return is late?
[December 17, 2007] A £100 fine is due for submission of a self assessment tax return after the 31st January deadline, and a further £100 six months later if the return is still not filed. Submitting tax returns late is not to be advised - find out why.

Second overseas bank account amnesty could be on its way
[November 27, 2007] According to a leading accountancy firm, HMRC could be about to offer a second amnesty to those who owe tax on overseas bank accounts.

Check your tax code - you may be entitled to a refund
[May 30, 2007] Many taxpayers do not know they may be paying more tax than they should. Others may not be paying as much as they should and may not realise that they have a responsibility to let HMRC know.

Offshore tax amnesty - time is running out to comply
[May 29, 2007] Taxpayers who fail to notify the taxman that they have previously undeclared income or capital gains by 22 June can expect to come under the spotlight.

Are self-assessment forms difficult to complete?
[May 10, 2007] Recent research commissioned by the Chartered Institute of Taxation reveals that a third of UK taxpayers find the self-assessment (SA) forms difficult to complete.

Offshore Bank Accounts - HMRC Amnesty Details
[May 8, 2007] HMRC have offered an amnesty to thousands of UK investors who hide money in offshore accounts. Details of the amnesty and how you may be affected.

New Tax Year - Good time to review your personal finances
[March 14, 2007] Five top tips for getting taxpayers’ financial affairs in order and making the most of the tax advantages available.

Top Ten Self Assessment Tips as deadline approaches
[January 24, 2007] If you're finding it difficult to know where to start with your self assessment forms, read our top ten tax return tips. Don't miss the 31st January 2007 deadline.

FSB warns of self assessment filing date turmoil
[January 19, 2007] The FSB has called on HM Revenue & Customs to make sure they have resources in place to cope with last-minute tax returns ahead of the self-assessment deadline on January 31st.

Filling in your tax return - Do's and Don'ts
[January 15, 2007] PricewaterhouseCoopers provide some concise tips for filling in your tax return.

Self Assessment - Don't miss the 31st January deadline
[January 15, 2007] With less than a month until the self assessment filing deadline, HM Revenue & Customs (HMRC) is reminding taxpayers to get their returns in by 31 January, to avoid a £100 penalty for missing the deadline.

Page 1 of 2 1 2

Our Partners