Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

Filling Out Your Tax Returns is a Fine Old Business

When it comes to submitting your tax returns, punctuality really does pay off. If you're already running late, beware these potential penalties.

With online submissions nowadays isn’t everything much smoother and quicker and all done well before time? If this is your first online return and you have sat on your paperwork so that you are only now getting around to it you will probably already be too late if you haven’t at least registered online. In this world of being online, I’m afraid HMRC still use the good old fashioned postal system to send you the activation code you will need to submit your online return. This can take up to seven days to reach you — perhaps even longer in the snow!

To read the article in full go to Spear's blog

Related Expertise

Private Wealth Professional Practices

Related in brief posts

The Court of Protection and the vaccine: to administer or not to administer

The Court of Protection and the vaccine: to administer or not to administer - Nicola Boulter considers two recent Court of Protection decisions.

Professional Practices Alliance Webinar: Neurodiversity in Professional Services Firm Leadership

The Professional Practices Alliance hosted an extremely interesting webinar on neurodiversity in leadership on Wednesday 16 June. Corrine Staves shares her highlights.

No-one expects a 1975 Act claim......

Two decisions under the Inheritance (Provision for Family and Dependants) Act (enabling a spouse/civil partner and others, to bring a claim if a Will fails to make reasonable financial provision for that person) have produced very different results.