Free tax advice available for those on a low income

cosyc

Pablo_the_brave wrote: »

Cosyc,

Sorry Just trying to be helpful. I'm not wrong and I stick by my original comment. You are quite correct in saying that you can register on-line 1 december and file 10 december. However, if you have been issued with a paper return you must register before that deadline (31st October). Otherwise you will be fined £100 for a late paper return. This is not made clear anywhere in HMRC guidance.

Perhaps we are at cross purposes. Someone with a paper return - if you want to fill it in an post it does it have to be back at hmrc by 31 oct but you can choose to do online instead right up to 31 jan. Just don't send both.

cosyc

MrsChips wrote: »

Pablo.... After reading this thread today I thought i'd better call the Tax Office to ask why i've not received my tax return yet... It's a good thing I did. According to them I'm not even registered as Self Employed?? They have my NI details which shows that I contacted them on the 12th AUG 2007 to inform them that I was Self Employed but for some reason they did not pass my information onto the Tax Office. After about 6 phone calls to different departments I finally got registered for Tax purposes only and they are sending my details over asap so I can get this years return completed asap. After speaking to them today I dont have much confidence that they will send my form anytime soon - nobody seemed to have a clue what they were on about!!

Anyway, thanks! without the Forum I probably wouldnt have found out until it was too late

Mrs Chips and don't forgot what chapperz says if you need help

chapperz wrote: »

Hi all,

I work for the HMRC Advice Team and would just mention that we do offer a course which is free of charge which is designed to show the Self-Employed how to do their Tax Return, either on paper or online. Have included a link due to it being a Government website & a free service. We run them at various locations around the country.

For more details go to www.hmrc.gov.uk/bst

Hope this helps someone! :T

Chapperz

Penny_Rich

Mrs Chips, are you paying class 2 national insurance? Can't remember the exact amount, but its about £2.20 per week now, and will have been payable since you became self employed. If you didnt register as sef-employed within 3 months of your start date, then you incur a penalty of £100. Its not a tax penalty, its related to the fact that you haven't registered to pay national insurance.

MrsChips

Mrs Chips, are you paying class 2 national insurance? Can't remember the exact amount, but its about £2.20 per week now, and will have been payable since you became self employed. If you didnt register as sef-employed within 3 months of your start date, then you incur a penalty of £100. Its not a tax penalty, its related to the fact that you haven't registered to pay national insurance.

Yes, I pay National Insurance - I registered for NI at the same time. However for some reason my details didnt get passed to the tax office so I was never registered as Self employed for Tax purposes - No fault of my own.

chriiiiiiiis

Pablo_the_brave wrote: »

I don’t think this has been mentioned anywhere – Apologies if I have missed it.

If you have been issued with a paper return and you now intend to file on-line and you have not previously registered to do this with HMRC

YOU NEED TO REGISRTER BEFORE THE PAPER FILING DEADLINE of 31st October.

Otherwise this will be counted as late return.

Not factually correct.

If you don't send your paper tax return to HMRC by 31 October, HMRC will assume you are going to file online and you can do so up to 31 January.

pthov

The automatic £100 penalty is actually capped at the level of unpaid tax, so if your full tax liability is received by HMRC before 31 January 2009 the penalty will be capped at zero.
However, a paper return received by HMRC after 31 October would still be treated as late, leading to a greater risk of enquiry and a longer enquiry window.

pthov

chriiiiiiiis wrote: »

Not factually correct.

If you don't send your paper tax return to HMRC by 31 October, HMRC will assume you are going to file online and you can do so up to 31 January.

That is correct, but remember to leave plenty of time to register for the online service - it can take over a fortnight.

Elizac_3

Be careful, penalties for late submission of partnership tax returns are not capped and cannot be reduced. They are £100 for the partnership return and £100 for each partner so if there are 4 partners that is a £500 penalty. Also, did you know that you cannot file a partnership tax return using the HMRC's software on their website. So if you haven't filed a paper return by 31st October you will have to use 3rd party software.

gillyfleur

I'm so glad I read this thread to the end ! I have forgotten to file our partnership return and it's a paper one. I filed my own tax return weeks ago. You just saved me £100 ??? As an aside, whilst they keep pushing this "file your paper return by 31/10" it doesn't actually say anywhere you WILL be fined the £100 if you don't file it by 31/10. Is this the Revenue just trying to scare people into filing earlier ?

stewart99

Pablo_the_brave wrote: »

Cosyc,

Sorry Just trying to be helpful. I'm not wrong and I stick by my original comment. You are quite correct in saying that you can register on-line 1 december and file 10 december. However, if you have been issued with a paper return you must register before that deadline (31st October). Otherwise you will be fined £100 for a late paper return. This is not made clear anywhere in HMRC guidance.

Altough that would not surprise me as to how HMRC would do this I cannot see that as being correct as you can send for an activation code to do it online right up about a week before the deadline and still file on time:beer: