Category Archives: Tax returns

Who needs to register for Self-Assessment

7th December 2021 Posted by -

There are a number of reasons why you might need to complete a Self-Assessment return. This includes if you are self-employed, a company director,

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Self assessment specialists Burton on Trent - Alexander Accountancy

Claims to reduce payments on account

15th April 2021 Posted by -

Self-Assessment taxpayers are usually required to pay their Income Tax liabilities in three instalments each year. The first two payments are due on 31 January during the tax year and […]

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5% late penalties apply from 1 April 2021

7th April 2021 Posted by -

Self-Assessment taxpayers that failed to pay their outstanding tax liabilities or set up a payment plan by midnight on 1 April 2021 will be charged a

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Temporary carry back of losses

15th March 2021 Posted by -

A new temporary extension to the eligible carry back period for trading losses has been announced. This will allow trading losses to be carried back

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Did you miss the Self-Assessment deadline?

4th February 2021 Posted by -

HMRC has announced that more than 10.7 million people submitted their 2019-20 Self-Assessment tax returns by the 31 January deadline. This leaves over

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No late online filing penalties until …

28th January 2021 Posted by -

HMRC has announced that fines for taxpayers that file their Self-Assessment returns late will be waived until 28 February 2021. The filing deadline for 2019-20 returns remains at 31 January 2021. HMRC

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Online tax payment plans

21st January 2021 Posted by -

New figures published by HMRC have revealed that some 25,000 taxpayers have set up an online payment plan to manage their tax liabilities spreading payments of £69 million for up to 12 monthly

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Did you file your tax return on Christmas Day?

7th January 2021 Posted by -

A new press release by HMRC has highlighted that 2,700 taxpayers took the time to file their tax return online on Christmas Day with a further 8,500 taxpayers completing their tax returns on Boxing

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