The Tax Clock is Ticking

We’re now well into October and you only have a matter of weeks left if you are one of the 3 million or so taxpayers who still file a paper tax return each year. October 31st is the deadline for paper eturns to be received by HMRC. Note I said received by, not sent to. There is a difference!

And it is a difference that could cost you a £100 fine! That’s the automatic penalty you will be hit with if HMRC ask you to complete a Tax Return and you don’t comply.

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Take care when returning unused currency

What’s the difference between ‘no commission’ and ‘no charge’? Well it could be quite a lot for any holidaymakers arriving back from a recent half term break with unspent currency in their pockets. Many of us rush straight back to the place we bought our currency from when we get home to try to swap any holiday money that we…

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