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A Simple way to File Tax Return Online Free
Posted: Dec 12, 2016
Filing your taxes need not be full of hassles and anxieties. All you need to do is get in touch with a competent accountant In Luton, who can guide you through the right steps and if you are already registered, you can send your tax return to HMRC or HM Revenue and Customs.
Before you start, you need to create an account online and sign in. You will need the Government Gateway account, and if you have already used HMRC online services, you will already have one. In case you do not have one, you can easily create an account in order to file tax return online free. Use the website GOV.UK Verify and the whole process sis very simple and will take only a couple of minutes. Just keep in mind that there are different ways to register if you are self-employed or not self-employed or are registering a partnership. Make sure to complete the registration process so that you can file your taxes online in time and before the deadline.
Those employees giving their tax under the PAYE system do not need to file a tax return. The PAYE system withholds the right amount of tax from their salaries. However, some taxpayers have income that has not been taxed, and they need to fill in self-assessment tax return. One needs to submit a tax return is a tax return has been sent to them by HMRC. This could be because the tax payer must have registered for self-assessment voluntarily or HMRC believes that he requires one. Keep in mind that HMRC can ask for a tax return from anyone for any reason.
As per the UK tax legislations, all tax payers need to notify HMRC when they have an obligation to tax after the tax year end for no later than nine months. They can check their details and depend on the circumstances; they can register for self-assessment when they file tax return online free.
Hire an expert accountant In Luton if you are not very sure about how to use the HMRC online return service. Complete the registration process, and you will need to wait for several days in order to get the Personal Identification Number. If you leave the online registrations until 31 January, your return will get late, and you may get penalized by HMRC. You will be asked a number of questions that are relevant to the tax return. You will get an acknowledgment that your online tax form has been received and the tax bill will get worked out automatically. Make sure to have all the records and information ready to make a complete and correct tax return.
In the case of any errors on tax return, you may get a phone call to put things right. HMRC will repay any overpaid amount and charge only an appropriate amount of interest. You will be penalized for any errors made sure to negligence or fraud.
We uncover tax problems and give you the best solution. Get a quote today. Accountants in Luton, serving clients nationwide online.