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Paying subs and deducting them as expenses because membership is work-related? If the organisation is not on the HMRC Approved List, your subs may not be tax-deductible.
Clients who normally submit paper returns may be penalised if they miss the October deadline even if they make on online return before 31 January. Late payment penalties equal to 5% of the unpaid tax after 30 days, six months and then twelve months. Interest is also due on all tax paid late. This was … Continue reading
Phoenix Debola 