Firstly there’s three key tips in for you to consider if you haven’t filed your tax returns yet. More importantly the clock is ticking, the 31-Jan-19 is D-Day, and if late penalties will apply, even if no tax is owed.
We’re in full swing here at Pro Active! We will be contributing to the filing of the many millions of Tax Returns that need to be at HMRC by the 31st Jan 2019. We hope it’s going to plan for those of you that’re doing your own.
Here’s our short video for those of you that missed it last week.
However for those of you that may prefer an accountant to prepare this for you there is much less stress. We do all the hard work- leaving you to keep at the helm of your business.
Who they apply to
• Self-employed workers
• Higher paid employees
• Company directors
• Individuals with over £50,000 income and claiming child benefit
• People with overseas income
• Those with loss relief claims
• Anyone in receipt of untaxed income
Tax Return Reminder
In conclusion remember it is the responsibility of the tax payer to decide whether or not you need to submit a tax return, if you are unsure about this get in touch and we can advise you.
Starting the return earlier is advisable as this will highlight and rectify any information deficiencies, give us time to access any advice and support, and ideally keep stress levels to a minimum.
Get in touch if you have any further queries and to see if we can help you with your business and accounting needs.