Business Hurdles

Can You Defer Self Assessment Payments on Account?

Wed, 28 Jul 2010 15:37:00
 
Taxpayers are not required to make payments on account for 2010 if the 2009 income tax and Class 4 National Insurance liability is less than £1,000. So getting your return in on time could reduce the payment due 31 January 2010 and mean there’s nothing to pay by 31 July 2010.
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06 February 2012 01:40

HMRC will be sending out PAYE coding notices during the months of January, February or March. The new tax code applies from 6th April 2012 to ensure you pay the correct amount of tax. Not everyone will get a notice so don’t panic if you don’t receive

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18 January 2012 10:42

Over the last few years, the buy-to-let market has grown substantially and with it, many landlords have been able to profit from the ever-increasing rental income and record low interest rates. However, landlords are often tempted to file their own tax returns to cut down on costs. The

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09 January 2012 03:51

Despite being widely criticised for unfairly targeting 12,000 smaller businesses HMRChave announced that they will continue with their controversial business records checks.Whilst HMRC initially emphasised the educational aspect of their business records checksthe reality is that they are compliance checks that can result in the collection of

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06 January 2012 09:24

HMRC has announced that electricians will be the next group targeted as part of its crackdown on tax evasion.The Electrician''s Tax Safe Plan will be launched in February 2012 and will offer favourable termsfor electricians to come forward and declare their unpaid tax.Following this, HM Revenue

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