Tax advice of the week: Make sure you hit the deadline

Jan 09, 2009

Share with
friends:

Comments (0) Print this article

Many taxpayers could face two problems filing self-assessment tax returns by the 31 January deadline, says Neasa MacErlean in The Observer. Some will struggle to finish on time. It must now be done online (you will be hit with a £100 fine for using the paper version). But HMRC's software was "riddled with flaws" a few months ago, which could delay you. If you do hit problems, print out the error message and send it to HMRC with a form available online [pdf file]. Provided you do, "the revenue is being quite broad minded about computer errors", says one tax expert.

The next problem is how to pay tax due. This could be difficult for the self-employed, for whom the January payment often represents the lion's share of the total tax due for the year. But the Revenue's new Business Payment Support Service (0845-302 1435) offers a fast response to a request to reschedule business tax payments, with no cap on the amount. The service isn't for employees, who should go by the normal route of ringing the number given on their HMRC statement of account.

Comments (0)

Share with
friends:

Related articles

Leave a comment

This will be the name displayed with your comment.

This helps us verify comments are genuine. It will not be displayed anywhere on the site and is stored confidentially.

Please keep your comment within 1,000 characters and relevant to the main topic. We encourage healthy debate, but we don't allow insults or bad language. Anything off topic or unpleasant, we'll remove. Enjoy the conversation! Thank you.

captcha To prevent spam-related comments please enter the characters shown in the 'Captcha' box to the left.

By leaving a comment you accept our terms and conditions.


>