Tag: Self Assessments

HMRC Self Assessment Tax Returns Penalties

HMRC Self Assessment Tax Returns Penalties

As most of us know HM Revenue and Customs (HMRC) is UK’s Government department for dealing with the state taxes for all individuals & businesses, it collects the money paid by the UK public and assists targeted families and people with financial support. HMRC runs a system called Self Assessment tax return for collecting income […]

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Marriage Allowance

Marriage Allowance

HMRC is having the drive to encourage people to claim the marriage allowance.  Introduced in 2015, the marriage allowance enables one partner in a married couple or civil partnership to transfer part of their personal allowance to the other partner. It is worth claiming if one partner is not able to use all of their […]

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Bookkeeping Services for Financial Records

RTI-Important facts of RTI interest for Employers

It is essential for employers to know that RTI does not do real-time adjustments for the PAYE accountants debt. Each month is treated as a separate period for which interest calculation is performed. 19th of every calendar month is the last day for any adjustments/amendments you can make to the PAYE amount due for the […]

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