Self-assessment deadline incoming!
Posted on 2nd December 2022
This Week's Friday Tax Tip
Yes, you read that right, it's (almost) that time of the year again!
If you have not yet had your self-assessment tax return submitted to HMRC, your time is running out.
All self-assessment tax returns are due to be submitted to HMRC by the 31st January 2023 at the latest.
If the return is late then it can lead to an immediate £100 penalty, so it's best to avoid this altogether and make sure your returns are completed and submitted as soon as possible.
Don't forget, interest will also be charged if any tax due is paid late.
Don't leave it to the last minute!
For more guidance call the team at Holmes Accountancy on 01908 315716 or contact us here
The tax tip is provided for general guidance only; further advice should be sought, for specific issues.
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