Wealth Management

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I don’t know if I need to complete a Tax Return ?

Self-Assesment-MAT ilford
HELP WITH YOUR SELF ASSESSMENT TAX RETURN  HM Revenue and Customs sends Tax Returns – or a notice to file on-line – to everyone in the Self-Assessment system in April / May every year. If you receive a tax return, or a notice to file on-line, you must complete a return and submit it to HMRC. This is so even if you are an employee and all your income is taxed under PAYE. The only exception t...
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Self Assesmnet Tax Return – Deadlines and Penalties

Tax return services in ilford, Self Assesment
Deadlines and Penalties If you receive a Tax Return, you are legally obliged to complete it, even if you think it is not relevant to you. If you do not submit a completed Tax Return, you will be fined and HMRC may issue an estimated tax bill (called a ‘determination’). This estimated bill will stand until you send in the completed Tax Return. You have only three years from the 31 January filin...
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