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Have You Reported Your Rental Income?
HMRC Is Closely Watching And Uses its Powers to:
With the New Changes in Place and Making Tax Digital (MTD),
Please contact us if you already reported your income to HMRC and you think you under-declared your income and we will bring your taxes up to date with least penalties and surcharges.
You will always be at advantage and will incur lower penalties if you come forward and bring your tax affairs up to date
If the understatement or income reported to HMRC is not corrected and HMRC finds out, it can be treated as deliberate and can lead to a criminal investigation.
The introduction of new ‘Income Thresholds’ and changes to legislation suggest HMRC’s seriousness in taxing the property sector.
New changes include:
Your Information Is Dealt With Strict Confidence. Contact us for all of your Accounting, Management & Taxation needs.
Trusted accountants, fixed fees and professional services.
08 Jul 2020
On 8 July, Chancellor Rishi Sunak announced a three-point plan to support jobs in the wake of the COVID-19 pandemic when he delivered a Summer Economic Update to Parliament.
All staff of Harkia Chartered Accountants are working from home on the instructions from the government and to reduce the impact of Coronavirus (COVID-19) in general public. Please contact us on 02085586999 or email us on firstname.lastname@example.org.
If you are a new client and worry about your CIS tax return or company accounts and tax returns, please complete this form and we will be in touch with you shortly.