Many people are surprised to learn that they need to file a tax return, especially if they pay income tax through PAYE. With the deadline to notify HMRC looming, we explain who needs to file a return.
As suspected, it appears that the Labour government plans to proceed with the changes outlined in the last Budget (presented by the Conservative government) regarding wide ranging changes to the taxation of Furnished Holiday Lets (FHLs).
With ever-changing tax rules, it’s easy to get it wrong, miscalculating your tax liabilities or omitting to file a return at all. If you realise you’ve made a mistake, what should you do?
Share this page
Newsletter
Sign up to receive the latest news from Larking Gowen