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If you are a company Director, you will need to submit a tax return at the end of the year. This is according to both HMRC guidance and the law.
HMRC will issue personal tax return penalties for late filing and late payment of any tax liabilities due.Personal tax returns are due to be filed by the 31st January each tax year.
If you have been issued with a notice to complete a tax return, you must do so. However, if you believe that the notice has been issued incorrectly, you can ask HMRC to have it withdrawn. They may still insist that a tax return is completed. Either way, The Accounting Buddy can help. We offer online guidance and support to ensure that your tax return is completed correctly and on time.
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