“Self Assessment” is how HM Revenue and Customs (HMRC) refers to its system for collecting Income Tax. If you’re self-employed as a ‘sole trader’, a partner in a business partnership, or a company director, you’ll almost certainly be required to submit Self Assessment Tax Returns (SATRs). Here are 10 top tips to help you get Self Assessment right.
Continue reading “10 Top Tips For Self Assessment”Are You Eligible For Marriage Allowance?
Are you eligible for Marriage Allowance? Transferring part of your personal tax free allowance to your husband, wife or civil partner could reduce their annual tax bill by up to £250.
Continue reading “Are You Eligible For Marriage Allowance?”Self Assessment Tax Return 2018-19
If you received untaxed income (e.g. self employed earnings or rental income from property) between 6 April 2018 and 5 April 2019 you’ll need to file a Self Assessment Tax Return. The deadline for online filing of your 2018-19 Tax Return is Midnight 31 January 2020. The same deadline applies for paying any tax you owe for that period.
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