2019-2020 Self Assessment (UTR / CIS) Tax Return deadline extended by 28 February 2021.
File your tax before 28 February to avoid late penalties from HMRC.
The financial year 2019-20 started on 6th Apr 2019 and ended on 5th Apr 2020
If you have registered for UTR (unique tax reference) to start to work as Self Employed before 5th Apr 2020, and you have not yet submitted your Self-Assessment Tax Return, you have until 28 February 2021 to submit it your Tax Return to HMRC.
Original deadline was 31 Jan 2021, but HMRC has said they will not issue penalties if you can not meet the deadline, but you do submit your Tax Return by 28 February.
Do you need help to calculate how much is tax return and submit it to HMRC before the deadline?
Here is how Tax2u can help:
If you send us your bank statements, we can confirm your income & work related figure from there.
We will need your help to confirm what do we need to consider as income and work related expense.
If your know that tax were already deducted from your income, please send the backup documents that show the tax deducted.
If your income is above the £12,500 tax threshold it will help if you kept receipts for your work related expense (such us PPE & Tools, Transport, Bank fees). These expense will be entered in the calculation to lower your taxable income.
Once we have all your income details confirmed we will:
If you have a tax due to pay to HMRC, you can set up a Direct Debit payment with HM Revenue and Customs (HMRC)
We are here to help, support and advise all self-employed individuals at all times.
If you have any questions please email us know and one of our accountants will get back to you.
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