Tax Returns and The Fines
Tax Return If you been sent a notice to complete a self-assessment income tax return you have until 31 January every year to get this submitted to HM Revenue & Customs or you will incur late filing penalties depending how long this is outstanding for. Late Filing Penalties Up to 3 Months £100.00 if it…
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HMRC Ways to Uncover Unpaid Tax
HM Revenue & Customs Having Access to Your Bank Account HMRC direct recovery of debts has been in force 06 May 2014 and they wanted parliament to introduce new powers in next year’s finance bill which would allow them to dip into to debtor’s bank accounts without any independent oversight. HM Revenue & Customs Officers…
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