Tax Return Alert in Walsall
8th September 2014
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Alert

If you havnt received a request from HMRC to complete and file a tax return 13/14 fine.

HOWEVER if you are aware of income tax, capital gains and class 4 matters to be sorted and declared beware of excessive fines for none disclosure.

You have until OCTOBER 5th to tell the tax office of your incomes.

Failure will result in a fine which could be equal to tax owing.

Remember, subject to what it is you need to put on your Self Assessment, the tax office may be aware and await your confirmation.

May I suggest you seek professional advice, there are ways to avoid fines.

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About the Author

Viv F

Member since: 19th October 2010

Accountant at Brian Foster & Co.
Tel no: 01922 457 201

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