Ready, steady, 100 days till the Self Assessment deadline

HMRC have issued a reminder to those who are required to submit a self assessment tax return. Dear @PAYadvice, There are just 100 days left to complete your tax return ahead of the 31‌‌‌ ‌January 2021 deadline. We know that this is a difficult time for everyone, but HMRC are here to help and support … Continue reading Ready, steady, 100 days till the Self Assessment deadline

Self Assessment – enhanced payment plan changes

Self Assessment taxpayers can apply online for additional support to help spread the cost of their tax bill into monthly payments from 1st October 2020 without the need to call HM Revenue and Customs (HMRC). The online payment plan service can already be used to set up instalment arrangements for paying tax liabilities up to … Continue reading Self Assessment – enhanced payment plan changes

Self Assessment registration deadline

HM Revenue and Customs are reminding tax payers who are required to do their first self assessment return which will relate to their tax affair from 6th April 2019 through to 5th April 2020 to register online. If you’re filing online for the first time You must have received your Unique Taxpayer Reference (UTR), enrolled … Continue reading Self Assessment registration deadline

Disguised remuneration Loan Charge – 20th September 2020 deadline

PAYadvice (as an AML HMRC regulated agent) can assist with the filing of the Loan Charge form on your behalf. If you need our assistance please make contact stating ‘Loan Charge’ within your contact message. HMRC have confirmed that any outstanding disguised remuneration loans that are subject to the Loan Charge must report the details … Continue reading Disguised remuneration Loan Charge – 20th September 2020 deadline

Self Assessment – Affected by #COVID19 – Defer your July payment – #coronavirus

New HMRC guidance explains how Self Assessment customers who have been affected by #coronavirus can defer their payment on account that would normally be due in July. For those who need to defer, remember to cancel any direct debits set up to make this payment. HMRC will automatically treat it as a deferral if they … Continue reading Self Assessment – Affected by #COVID19 – Defer your July payment – #coronavirus