Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
HMRC penalties alert as 5.7 million still to file tax returns
Blogs
How can your businesses cut costs?
As the cost-of-living crisis continues, your business might be looking for ways to cope with soaring energy bills and interest rates.
Thousands file tax returns on Christmas Day
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
MTD for ITSA postponed by two years
The Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative has been delayed by two years, it has been revealed.
What you need to know when setting up a business
Starting a business is an exciting venture and opens up opportunities and the chance to be your own boss.
How to grow your business
Are you thinking about ways to grow your business but are unsure of where to start? Look no further.
The Christmas gift allowance: how it works
Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it is important to understand these tax rules this festive season.
Why debt isn’t always bad
Taking on debt may make you feel worried, but while debts are often viewed negatively, they can actually have many benefits for the future of your business.
The importance of cash flow for tourism businesses
With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.
Why you should revise your business strategy
With current economic difficulties, it is crucial to ensure that you have a detailed business plan. As inflation rises, you should consider how to modify your business.