The deadline for submitting your 2017/18 self assessment return is 31 January 2019. The deadline applies to taxpayers who need to complete a tax return and make direct payments to HMRC in respect of their income tax, Classes 2 and 4 National Insurance Contributions (NIC), capital gains tax and High Income Child Benefit Charge liabilities.
There is a penalty of £100 if a taxpayer’s return is not submitted on time, even if there is no tax due or the return shows that they are due a tax refund.
Read MoreMaking sure you’re in the know when it comes to Making Tax digital will help you ensure you’re prepared for changes that you need to make. We suggest that having someone from within your business who keeps on top of MTD, will help you better understand whats going on a be prepared. Set aside time each week to keep track on MTD via our news section.
Please contact up at enquiries@blackmanterry.co.uk if you need help with MTDfV.
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