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Self Assesment Another record breaking year 2015

Posted on: February 22, 2016 by in HMRC
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2015 was Another record breaking year for Self Assessment HMRC says the number of Self Assessment returns completed on time once again breaks records with over 10 million submitted. HM Revenue and Customs has revealed that 10.39 million Self Assessment tax returns were completed ahead of the 31 January deadline; that’s more than 92% of the total returns expected, and 150,000 more than last year. More than 89% of customers (9.24 million) opted to use HMRC’s online Self Continue Reading ...

HMRC reveals Top 10 strangest excuses’ for late tax returns

Posted on: February 6, 2016 by in Accountant Stoke on trent
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With the 31 January tax return deadline just behind us, HMRC reveals Top 10 strangest excuses’ for submitting  late tax returns.   The following bizarre, exotic and flimsy excuses have all been used by tardy taxpayers: My pet goldfish died (self-employed builder) I had a run-in with a cow (Midlands farmer) After seeing a volcanic eruption on the news, I couldn’t concentrate on anything else (London woman) My wife won’t give me my mail (self-employed trader) My Continue Reading ...

Is HMRC Good at Delivering Online services

Posted on: February 4, 2016 by in Accounting
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Are HMRC providing a fair platform to Small Business Tax In a recent survey, it appears that HMRC is not great at delivering online services for small business's in the United Kingdom. Many small business's complained at there are two standards for UK Businesses, those that follow the rules and those that bend the rules. It is commonly felt that small business's have very little rights and can often be bullied in a complex environment where many small business owners do not know the Continue Reading ...