Posted by Nick Day on 15 Dec 2011
We have already reminded our clients that new automatic penalties apply to late filed 2010-11 Tax Returns, even where no tax is owed at the filing date, 31st January 2012. Please don’t be caught out by the new rules and make sure you file on time!
If you have not previously registered with HM Revenue & Customs (HMRC) to submit Self Assessment Tax Returns, and need to file your 2010-2011 Return by 31 January, you are already running out of time, as HMRC say they need several weeks to process registration applications.
Please note that it is important to keep your tax records for at least six years in most cases, to support the accuracy of the figures reported on your Tax Return in case of enquiry.
- Property Partnership Incorporation and SDLT
- Deemed UK Domicile Reforms 2017
- Overseas Pension Changes 6 April 2017
- Overseas Workday Relief (OWR) – Relief for non-UK business travel
- Top 10 tax tips for expats moving to the UK