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LATEST NEWS

23.08.2007

Arctic Systems - The Verdict

The long running saga of Geoff and Diana Jones and their company, Arctic Systems Limited, has recently been back to the courts for the final time to the House of Lords....
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12.9.2007

HMRC to Target Bank Accounts

HMRC have started a consultation on the way in which they pursue individuals who do not pay their tax liabilities on time...
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12.9.2007

Offshore Disclosure - HMRC Follow Up

As previously explained the term amnesty is misleading as it only applies to the penalty that would be charged on undeclared tax relating to the offshore accounts...
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Online Advisory Service
Self Employed Tax Calendar header

Self Employed (2007/ 08)

5 April 2007 - Start of the financial year 2007/08

31 July 2007 - Second payment on account due for 2006/07.

30 September 2007 - Deadline for submission of paper tax returns for H M Customs and Revenue calculation; and where the taxpayer wants a balancing payment (below �2,000) collected through their 2008/09 PAYE code.

5 October 2007 - Deadline for notifying H M Customs and Revenue of new sources of income if no tax return has been issued for 2006/07.

30 December 2007 (29 December if ELS) - Deadline for submission of tax returns over the internet; and where the taxpayer wants a balancing payment (below �2,000) collected through their 2008/09 PAYE code.

31 January 2008 - Deadline for filing tax returns for 2006/07. Balancing payment due for 2006/07. First payment due for 2007/08.

Disclaimer
The information on these tax rates is based upon the 2007 Budget and other earlier announcements and may be subject to amendment by the Finance Act.

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