06 Feb

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746,000 People Still to Submit Tax Return - Fines Explained.

The Self Assessment Tax Return deadline was the 31st January but there are still 746,000 people who are yet to submit. You will have received a £100 penalty already but what now?

We have broken down the penalty fees for you below. Firstly, the late submission fees:

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Cars, Business and VAT.

Claiming VAT on your work related vehicles can get a little complex. We're going to have a look at what you can and cannot claim and how to achieve that.

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PAYE Exemptions and Dispensations

During April 2016 the laws on dispensations changed; they have now been replaced with exemptions. Over twelve months later, there is still confusion over the appropriate way to handle expenses. 
 

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