Usually asserted to an accountant in an attempt to justify a claim for tax relief on a dubious expense, in most cases the statement is either wrong or misleading. Here are some possible explanations.
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“I have a full-time job, but I have started doing some self-employed work in my spare time. What do I need to do about my taxes, how much tax will I have to pay, and when?”
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This month sees self assessment tax returns arriving through letterboxes across the country, and this year there are some changes to the return. Here are the main things to watch out for.
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We would like to remind all clients that self-assessment tax returns for the year ended 5 April 2007 are due to be filed by 31 January 2008.