Brahmana's World

Keep a Watch on the Date

The 31st Jan will be here before we all know it.

All Self Assessment Tax Returns for the year to 5th April 2011 must be filed online by 31st January 2012. (The cut off point for most paper returns has passed)

If you have received a notification from HMRC that they're expecting a self assessment return from your, or you've had any assessable revenue during the tax year, you want to file a taxation assessment by the cut-off point date. Failure to do so will end up in a fine.

Get all your documentation to your accountant as soon as you most likely can. Your accountant will have a sizeable number of other clients who also require a Self Assessment. The more you leave it, the more chance there's that you're going to get a fine for late submission (whether or not there's no …