Self Assessment: thousands spread tax liabilities in response to coronavirus disruption
14 Jan 2021
Thousands of self-employed workers have taken advantage of the Government’s extended Time to Pay scheme ahead of the 31 January Self Assessment deadline, a new report has revealed.
Read Full StorySelf-Assessment: HMRC set to waive fines for late returns due to COVID-19
13 Jan 2021
HM Revenue & Customs (HMRC) is set to waive fines for taxpayers who file their tax returns late, providing that they can prove that the delay was because of COVID-19.
Read Full StoryHMRC warns of tax scams ahead of Self Assessment deadline
07 Jan 2021
HM Revenue & Customs (HMRC) has warned businesses to watch out for tax scams ahead of the 31 January Self Assessment Deadline.
Read Full StorySelf-Assessment: Taxpayers encouraged to file tax returns now to spread tax bill across the year
06 Jan 2021
Taxpayers are being encouraged to file self-assessment tax returns now to ensure that they can spread their tax bill across 2021 through the ‘Time to Pay’ payment plan service.
Read Full StoryCOVID-19: enhanced payment plans for Self-Assessment individuals
21 Dec 2020
To help reduce any financial stresses as a result of the pandemic, HM Revenue & Customs (HMRC) has amended the instalment arrangements for paying tax liabilities for Self-Assessment taxpayers – increasing the threshold from £10,000 to £30,000.
Read Full StoryHMRC temporarily suspends activation code requirement for new Self Assessment taxpayers
07 Dec 2020
New Self Assessment taxpayers will no longer need to wait for an activation code to be sent in the post before they can access their personal tax account, it has been revealed.
Read Full StoryKey Capital Gains Tax changes for Self-Assessment taxpayers to be aware of
25 Nov 2020
HM Revenue & Customs (HMRC) is reminding self-assessment taxpayers of key Capital Gains Tax (CGT) changes that they need to be aware of before 31 January 2021.
Read Full StorySelf Assessment: HMRC recommends completing online returns ahead of the deadline
26 Oct 2020
Self Assessment individuals have 97 days left to complete their tax returns online before the deadline, but HM Revenue & Customs (HMRC) recommends completing it as early as possible.
Read Full StorySelf-Assessment: HMRC announces new ‘enhanced payment plans’ for self-employed
06 Oct 2020
From 1 October 2020, individuals who complete Self-Assessment tax returns will now be able to divide their tax bill into monthly instalments, without speaking to an HM Revenue and Customs (HMRC) adviser first.
Read Full StoryTime to Pay threshold increased to £30,000
02 Oct 2020
From this week, Self Assessment customers affected by Covid-19 can apply online to spread the cost of their tax bill into affordable monthly payments.
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