Everything You Need to Know About Self Assessment Tax Deadlines and Penalties
Self Assessment is a system by which HMRC collects Income Tax from individuals whose income is not entirely covered through PAYE. If you are self-employed, are a landlord, or you have other income, you probably need to submit a Self Assessment tax return annually. Missing deadlines or mistakes will incur penalties. Being aware of important dates and filing in the right way helps to save stress...
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