The deadline for submitting 2010 - 2011 Self Assessment Tax Returns is fast approaching.
There are two key dates to be aware of:-
o - 31st October 2011 - If you send a paper tax return for the 2010-11 tax year, it must reach HM Revenue & Customs by this date
o - 31st January 2012 – All tax returns have to be submitted by this date, if you miss the 31st October deadline, your tax return will have to be submitted electronically.
In order to do this we need to have a Unique Tax Reference (UTR) Number for you, if you are unsure whether you have one or whether you need one, please contact us and we will advise you.
If your return is late, you will be issued with an automatic £100 penalty, even if you have no tax to pay or if you pay all the tax you owe on time.
We would advise that Directors are legally required to submit a Tax Return. If you are a company Director and currently do not submit a tax return either personally, or through Curle & Co, and wish to do so, please contact us as soon as possible.
If you are a new client, we would ask that you inform us as to whether you have submitted a Tax Return in previous years.