LMDF Tax Solutions - Tax Return for only £100

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TAX RETURNS
We can assist you in all financial aspects of your business and deal with HMRC ..click for more

LIMITED COMPANIES
A Limited Company  is the most common form of privately held company...click for more

CIS RETURNS
If you're a contractor under the Construction Industry Scheme you have to... click for more

PAYROLL
Let us take the payroll headache away and ensure you're employees are paid ... click for more

VAT RETURNS
At the end of each VAT period you must complete a VAT Return online...click for more

OTHER SERVICES
Because every business is different we will take time to understand you and your company so that ...click for more

Avoid the £1600 fine!!!

Start early your Tax preparation!

After 6 April 2019!

You must send your tax return 
online by 31st January!

If you are self-employed, then it is a legal requirement for you to complete an annual Self Assessment tax return form every year after the Financial Year end on 05th April. The 31st January of the following year is the final deadline for filing online.

A penalty could apply if you file late and interest will begin accruing on unpaid tax therefore it is of most importance to keep to the deadlines.

If you miss the deadline, the longer you delay, the more you'll have to pay. The example below shows the penalties you'll have to pay if your tax return is late:

  •    £100 fixed penalty (1 day late - up to 3 months)

  •    £900 penalty - this is £10 each day from 1 May to 29 July, when the maximum 90 day penalty is reached

  •    £300 or 5 per cent of the tax due - whichever is the higher


 
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