Finishing up your tax forms at the 11th hour can be both baffling and tedious however the entire procedure can be made a great deal simperby learning the methods in advance.
There are two ways you can do this, the first one is on paper or the second, doing it on the Internet by way of HMRC or by using one of the numerous other softwareavailable out there. Doing it on the web is quicker, and avoids delays.
The due dates
The due dates vary depending upon how you send your returns back, which is better known as the filing dates. You can also visit our top article here for more information. The due date for submitting yourform offline is 31 October, just after the end of the assessment year;the HMRC must get your yearly return by this date. On the off chance that you are finishing this on the web, HMRC must get your form by 31 January.
It is essential you follow these due dates as if delayed it attracts a penaltyof £100. Another £100 will ariseif the delay is more than six months.
In the event that you send your form by paper and you miss the 31 October due date, neither can you abstain frompaying the penalty nor can you switch to the online method later to do it by 31stJanuary. In the event that your tax sum is under £100, the HMRC … [Read the rest]