850,000 people who have not as yet submitted a tax return to HMRC detailing income for the tax period 2011/2012, or were late making their filing, will be receiving a fixed £100 penalty fine in the post by tomorrow. 60,000 of the penalty letters are going to people who managed to submit their tax return [...]
Friday, February 1, 2013
A few figures have been released by HMRC for yesterday’s online tax return submission deadline. Around 10.6 million people were sent notices to complete a tax return for income during 2011/2012 tax year. 300,000 people requested their tax return to be cancelled as they did not have a reason to be self assessed. So, leaving [...]
Thursday, December 27, 2012
We hope you had a great Christmas and wish you a happy new year from everyone at TaxPenny! 2013 Tax Updates Get your taxes in order – if you need to submit a tax return for income earned between the 6th April 2011 and 5th April 2012, you need to get this submitted electronically to [...]
Saturday, October 20, 2012
Paper Tax Return Deadline October 31st 2012 It’s that time of the year again – if you had a notice to complete a tax return for the 2011/12 tax year (10.6 million were sent out) – and are not submitting your return online, you need to get your tax return to HMRC before November 1st. [...]
Friday, February 24, 2012
HMRC have release the latest bunch of figures to give you an insight into the tax return submission process this year. Key facts: 9.45 million tax returns were filed on time, and 80.9% of them (7.65 million) were filed via the internet. The busiest day for submissions was the 31st January. Nearly 445,000 returns were [...]
Tuesday, December 20, 2011
A quick reminder that the deadline for submitting your tax return for income from the 2010/2011 tax year is coming up. You must submit your tax return by midnight Tuesday 31 January 2012, unless you only only received notification to submit a tax return after 31 October 2011. In that case you have 3 months [...]
Monday, December 6, 2010
Anyone sending their tax return online for the first time, please get registered now – leave enough time before the 31 January deadline to get activated. Now that the October 31st paper filing deadline has passed, if you want to get your tax return completed and filed whilst avoiding fee’s and penalties, you must submit [...]
Wednesday, October 27, 2010
2010/2011 Self Assessment Tax Returns for income earned between 6th April 2009 and 5th April 2010 The deadline for filing paper Tax Returns this year is only 4 days away. This year the cut-off requires all paper Tax Returns to be filed before midnight Sunday 31st October. Remember, if you are late with filing you [...]
Thursday, October 29, 2009
The 31 October 2009 Paper Tax Return submission deadline is only 2 days away.
Wednesday, June 24, 2009
Recently qualified Associate Dentists, now of Self Employed status, it can be daunting to manage your own personal tax affairs and ensure compliance with UK Tax Law. With the Self Assessment system of preparing Tax Returns, it is now your responsibility to prove that items declared on your Tax Return are true and accurate, if [...]
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Tuesday, February 19, 2013
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