HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1 April.
Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February 2021
Agent Update 81 is available now and contains the latest articles, Self Assessment support, updates and help for the entire agent community.
Agent Update 80 is available now and contains the latest articles, updates, help and support for the entire agent community.
HMRC have 19 agent toolkits available for you to download and use. They have been designed to address the most common errors seen from previous years.
In November last year, we sent letters and an accompanying factsheet to around 6,000 customers and their agents advising them how to declare income received from Offshore Investment Funds. We’ve now received feedback from CIOT (Chartered Institute of Taxation) stating that there was a technical error in the factsheet
If you were unable to join us on some of our latest Talking Points webinars, this is your opportunity to catch up. We have selected some of our recently recorded webinars, which will help you and your clients when completing Self Assessment tax returns
As the busy month of January starts, I thought you would like to know that we have published a Self Assessment edition of Agent Update.
As you prepare your clients’ 2018-19 Self Assessment (SA) returns you may want to take a look at some agent toolkits that have been specially tailored to support you in this area.
We get lots of questions from agents asking what information is needed with regards to pension savings on the Self Assessment tax return.