by adminjo | Feb 20, 2025 | Business, HMRC, Self Assessment, Tax Penalties
HMRC late payment interest rates to be cut Following the reduction in the Bank of England base rate, HM Revenue & Customs (HMRC) have confirmed that their interest rates will be reduced accordingly. Late payment interest will reduce to 7% from 7.25%. Repayment...
by adminjo | Dec 18, 2024 | HMRC, Self Assessment
Spread the cost of your Self Assessment tax bill with HMRC’s Time to Pay With the holidays and end of the year fast approaching, it’s a good time to plan your finances for the new year. For those who file Self Assessment tax returns, the prospect of having to...
by adminjo | Sep 4, 2024 | HMRC, Self Assessment
Do you need to register for self-assessment? HM Revenue and Customs (HMRC) have issued a press release debunking some common myths about whether or not someone needs to register to complete a self-assessment tax return. The basic requirement is that anyone who needs...
