Accountants do not need reminding HMRC’s 31 January deadline for submitting clients’ self-assessment tax returns (SATRs) and paying any tax due is ...

Refunds are generally credited within four to five weeks after e-verification. If the money does not arrive within that ...

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

A taxpayer got in touch as they were having an issue completing the form ...

It's worth checking if you're due to some money back ...

Every year several taxpayers wait anxiously for their income tax refunds to get credited to their bank account. For many, the ...

Under income tax rules, when you buy a motor vehicle worth more than Rs 10 lakh, the seller is required to collect TCS at 1% ...

Deduct your costs: When you file a tax return, you pay tax only on your profit, not your total sales. Your profit is ...

The client has a year end of 30 November. In last years tax return we entered the income and expenditure for the year to 30/11/23 in full as normal, and ...

HMRC has issued a message to UK taxpayers, urging them to check if they are owed a refund. The Government organisation has ...

The nation's tax collection body has sent out guidance to UK taxpayers to say they could be owed a refund. HMRC has spelt out the process to check whether this has happened on things such as your ...

The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...