When working out the motor expenses of a sole trader and partners, two situations need to be considered: 1. Where you are treating the car as if it is owned by the business; 2. Where you are treating the car as if privately owned. Before going further, it is important to note that as a … Continue reading
Your online tax return must reach HMRC by midnight 31 January. The only exceptions to this rule are as follows: 1. you receive HMRC’s self assessment notification letter after 31 October. In this case, your deadline is 3 months from the date of receipt. 2. for those who owe less than £3000 and want HMRC … Continue reading