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The self-assessment deadline is approaching but there is still time to cut your tax bill before the end of January. Around 12m people are expected to file an online self-assessment tax return to ...
What you need to file a self assessment tax return as HMRC deadline fast approaches. Karl Matchett. January 31, 2025 at 6:05 AM (AFP via Getty Images) ... filing a self-assessment tax return.
The Government Gateway is an IT system developed to allow applicants to register for online services provided by the UK Government, such as obtaining a driving licence and HMRC self-assessment. [1] This replaced the old system of paper submissions.
HM Revenue and Customs (HMRC) states that the main goal of MTD is to make tax administration more effective, more efficient and simpler for taxpayers. [2] The changes are expected apply to a wide range of taxpayers, including most businesses, micro-businesses, self-employed people and landlords, as well as individual taxpayers.
There are several other groups of people who need to file a self-assessment tax return. The HMRC says you may need to file one if you: Are self-employed and have earned gross income over £1,000.
His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.
The 31 January deadline for filing a self assessment tax return is today. ... HMRC said almost 3.4m people still needed to file their return for this year. It seems obvious, but the biggest tip ...
The beginnings of the Inland Revenue date from 1665, when a Board of Taxes was set up following the introduction of special taxes to pay for the Second Anglo-Dutch War.A central organisation to supervise the collection of the special taxes was required; it became known as the Tax Office.