This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Search found 3 matches

Go to advanced search

by DAVIDS3511
Sat Feb 02, 2019 7:52 pm
Forum: Tax Investigations and Enquiries
Topic: Self assesment late registration penalties
Replies: 4
Views: 392

Re: Self assesment late registration penalties

First you must establish and tell us exactly what the penalties are for. There are no penalties for late registration. There can be penalties for failure to notify, but they cannot exceed the tax due, and normally cannot exceed 30% of the tax due. If she had been given a notice to file, there are l...
by DAVIDS3511
Fri Feb 01, 2019 1:07 pm
Forum: Tax Investigations and Enquiries
Topic: Self assesment late registration penalties
Replies: 4
Views: 392

Self assesment late registration penalties

Hi All, asking for a friend who is up the wall with worry. She is part time employed and is also a director of her husbands small limited company. From what I can gather he is registered and has no issues with self assessment. She gets a wage from her employment (15k) and takes a dividend from the c...
by DAVIDS3511
Wed Jun 15, 2011 7:42 pm
Forum: Income Tax
Topic: Tax owed and joing accout
Replies: 1
Views: 299

Tax owed and joing accout

I am a sole trader who receives payment mostly by cheques for small amounts. I have always paid these into a joint account with my partner whom has her own full time job and bank account. I use the joint account because I was in an IVA when I started and the bank wouldn't give me an account of my ow...

Go to advanced search

cron