Self-assessment tax deadline 2021

Deadline for Self Assessment Tax Return

  So Has the Self-Assessment Tax Deadline Been Extended? Still there is no late filing penalty for self-assessment for those filing tax returns online before February 28th, in the UK. Self-assessment tax filers who are unable to file their tax return by January 31, 2021 will not receive a late filing penalty if they file…

Self-assessment deadline

Will the Deadline for Self-Assessment Tax Be Extended

Will the Deadline for Self-Assessment Tax Be Extended?   Good News for the UK tax filers, affected by Covid-19.  HMRC has announced that if some has been affected coronavirus in his/her personal or professional life, it will accept this as a “reasonable excuse” for missing the January 31 registration deadline.   However, HMRC is vague,…

What is an Annual Financial Statement

What is an Annual Financial Statement?   If you are a company director or an accountant then there are few things you should know about the company annual financial statement. The information contained in this type of document is important for the shareholders and the company as a whole. Many directors often make the mistake…

vat flat rate scheme Advantax Accountants

Why We Need Accounting Services

Accounting Services: Why We Need Them for Successful Business Operations Accounting services are a broad category that can vary greatly from company to company. There are many common features that most accountants share, but it is important to get an accountant who understands your unique needs so you can maximize the services provided. You want…

The UK’s coronavirus furlough scheme – Extended

The UK’s Coronavirus Furlough Scheme – Extended

The UK’s Coronavirus Furlough Scheme – Extended Still fighting against Coronavirus pandemic, the British government has decided to extend the coronavirus job retention plan for one month, until the end of April next year. The plan, which paid up to 80% of the salaries of around 9.5 million people (for £ 41.4 billion) in March…

inheritance tax

Inheritance Tax in the UK

Inheritance Tax in the UK In general the Inheritance Tax is a charge on inherited property and in some cases more than property. The value of a property is the property itself, not the value added to it over time by the heirs of the owner. The most common way of giving property to someone…

Business Startup in the UK

Business Startup in the UK

Business Startup in the UK – How to Find Funding The best place to start looking for funding for a business startup in the UK is the internet. There are literally hundreds of different organizations that offer funding for startups, and all over the internet, you can look at each and every one of them…

UK Tax System

Tax System in the UK

Tax System in the UK – What You Need to Know The UK tax laws are an important part of our system of government. Not only are these laws meant to protect the population from fraudulent activity, but they are also designed to allow companies to compete effectively for market share. Therefore, if you want…

A Guide to Passive Investing

A Guide to Passive Investing In the UK: With Special Reference to Stock Market When you hear of a guide to passive investing in the UK, you’re not really looking for one of those infomercials promising a new and exciting way of making money. You want to know how to do something that’s already been…