Accountants, bankers, lawyers and other advisors are being targeted in HMRC’s latest tax crackdown, as those who enable offshore tax evasion now face strict sanctions which came into effect on 1st January.
If you fail to submit your Personal Tax Return by 31st January 2017 you will be subject to an automatic penalty. HMRC has released some of the most creative, yet unsuccessful excuses they have received for the submission of a late Personal Tax Return.
A survey by YouGov found that the UK’s sole traders spend a total of 9.5 hours completing their personal tax returns. Are you a sole trader that spends too much of your precious time completing tax returns?
We’ve all experienced the January blues. The exciting and eventful festive season is over, we’ve stuffed ourselves with sweets for the past month and now we’re forced to go back to reality with seemingly nothing to look forward to.