What Happens If You Miss the UK Self-Assessment Deadline?
Missing the 31 January Self-Assessment deadline triggers automatic penalties. Here is what happens, how penalties escalate, and how to appeal.
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Missing the 31 January Self-Assessment deadline triggers automatic penalties. Here is what happens, how penalties escalate, and how to appeal.
The cash basis is a simplified accounting method for UK small businesses — you record income and expenses when money changes hands, not when invoiced.
UK Inheritance Tax is charged at 40% on estates above the nil-rate band. Understand the thresholds, exemptions, and planning strategies.
Legal strategies for UK limited companies to reduce their Corporation Tax liability — allowances, reliefs, timing, and director remuneration.
Your tax code tells your employer how much of your income is tax-free. Here is how to read it, check it is correct, and what to do if it is wrong.
A guide to Pay As You Earn (PAYE) for UK employers — registering, running payroll, RTI submissions, and employee tax codes.
How to pay your Self-Assessment tax bill to HMRC — payment methods, deadlines, Payments on Account, and what to do if you cannot pay on time.
Child Tax Credit and Working Tax Credit are being replaced by Universal Credit. Who can still claim, migration timelines, and what to expect.
UK R&D tax credits reward innovative companies with enhanced deductions or cash payments — find out who qualifies and how to claim.
UK pension contributions receive tax relief at your marginal rate — one of the most generous tax breaks available. Here is how to make the most of it.
How the Flat Rate VAT Scheme works for UK small businesses — who can use it, the sector rates, and when it is advantageous.
A P60 is your annual end-of-year tax certificate from your employer — showing your total earnings and tax paid. Here is what to do with it.