Over 10 million taxpayers must file a personal tax return. Are you one of them?
Remember, if you haven’t filed your Self Assessment return by the 31 January deadline, you will be liable for an instant £100 penalty on the 1st of February.
If you work in the construction industry, you must complete a Self Assessment tax return, which must include a reconciliation of your refund. It must provide the total amounts on the invoices as income, as well as any deductions a contractor has made in the ‘CIS deductions’ section.
Please contact us if you have any questions about how and when tax refunds are paid.
Request a call from us to discuss the details!
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