Author Archives: Riyas Kallan
£10/day penalty
HMRC is collecting £10 per day every day from workers who have failed to file their returns on time, Since May 1, officials at HM Revenue and Customs have been thrashing 650,000 late filers with a £10-a-day fine. Many of … Continue reading
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Back Taxes: Filing Late Tax Returns
A record 9.45 million Self Assessment tax returns were filed on time this year, and a record 7.65 million (80.9 per cent of them were filed online, as per HM Revenue & Customs (HMRC).This means that for the first time … Continue reading
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Private tutors & coaches with undeclared tax liabilities
The Tax Catch up Plan (TCP) is for people with any undeclared income, from tuition and coaching as a main or secondary income, on which the correct tax has not been issued. This is a great opportunity for a large … Continue reading
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