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

High banking charges hurt
Posted on 22 Feb 2024
High banking charges hurt
read more
CGT ready for revision?
Posted on 21 Feb 2024
CGT ready for revision?
read more
Improving economy
Posted on 20 Feb 2024
Improving economy
read more
Alternative lending takes off
Posted on 19 Feb 2024
Alternative lending takes off
read more
Back To Top
01604 660661