Witches, wardrobes….but no lions

Jan 21, 2019

From witches to family holidays, widescreen TVs to wooly underwear, in the run up to the big 31 January deadline HMRC have set out the many weird and wonderful self-assessment (“SA”) excuses and expenses claimed by taxpayers. It’s now just 10 days until the 2017/18 SA filing deadline on 31 January 2019. 

31 January 2019 is also the due date for payment of the balancing payment of tax and NIC for 2017/18 and the first payment on account for 2018/19. 2016/17 SA returns must also be amended by this date.

Readers are reminded that there are a number of online filing exclusions for 2017/18 which means paper returns will need to be filed by 31 January 2019. The most recent version of the filing exclusions for 2017/18 has been published.

The SA edition of Agent Update is also available now. Whilst this special edition does not contain any new information it does provide links to support available including:

  • HMRC talking points webinars for agents on SA related topics
  • SA related toolkits
  • HMRC YouTube videos
  • Paying SA liabilities
  • Support available from agent account managers and through the HMRC online agent forum

HMRC has amended its guidance on SA returns to clarify that company directors with income taxed at source under PAYE and with no other tax obligations do not need to complete a tax return. This change was highlighted in HMRC’s Agent Update 69 issued on 12 December 2018.