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Tag: HMRC

Alextra Accountants
Employment Allowance – Can You Benefit?
The National Insurance employment allowance can reduce an employer’s National Insurance bill by up to £3,000 – but not all businesses can benefit. Nature of the allowance Where available, the allowanc...
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Alextra Accountants
Late Tax Return Deadline Reminder
Taxpayers are being reminded they have until the 30 April 2017 to submit their 2015/16 self-assessment tax return or risk facing further fines. Those who missed the 31 January deadline and have yet to...
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Alextra Accountants
Making Tax Digital – Voluntary Pay As You Go
As well as the requirement to make a digital return and keep digital tax records, the Making Tax Digital (MTD) reforms introduce other changes to the way in which taxpayers interact with HMRC. One suc...
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Alextra Accountants
Correcting Mistakes In Your Tax Return
Mistakes happen and where a mistake has been made in your tax return it is possible to file an amended return to correct the mistake. Amendment window The amended return must be filed within 12 months...
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Alextra Accountants
Making Tax Digital To Start In April 2018
Legislation to introduce Making Tax Digital (MTD) will be included in the Finance Bill 2017 and despite many objections that it was too soon, the new system of quarterly reporting will commence in Apr...
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