Self assessment penalties

Posted on 22 Nov 2017
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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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