Self assessment penalties
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Self assessment penalties

posted in Business by Stephanie Dell on 07:50 Jan 5th, 2015

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 Essentials: self-employed Self Assessment tax returns

With the impending Self Assessment tax return deadline Harris & Co accountants Northampton provide essential tips and advice on how to avoid HMRC penalties  

1 Don't file your return in January! Get it filed much earlier as HMRC tend to pick on January returns as they are more likely to contain errors due to time pressures
2 declare all your income, even if it is cash
3 only claim legitimate business expenses

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