Many delaying tax payments

Posted on 20 Apr 2015
Share Blog Post
25k delay tax bills while 1-in-4 freelancers plan to spread payments HMRC data show that almost 25,000 people have opted to spread their tax bill over 12 months rather than paying it by the January 31 deadline, with the delays covering around £69.1m. Meanwhile, analysis from Which? shows that a quarter of self-employed workers plan to delay paying. HMRC has said it will be lenient to those who miss the deadline, will accept coronavirus as a reasonable excuse for being late and waive fines. The Revenue has also extended the appeals window by three months to April. HMRC expects to see more than 12m submissions, with it thought that around 4m have yet to be logged

View more blog posts

Record numbers of start ups
Posted on 22 Apr 2024
Record numbers of start ups
read more
IR35 holds back economy
Posted on 15 Apr 2024
IR35 holds back economy
read more
HMRC struggling to cope
Posted on 08 Apr 2024
HMRC struggling to cope
read more
HMRC to close phone lines
Posted on 25 Mar 2024
HMRC to close phone lines
read more
Back To Top
01604 660661