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Tax Returns for Self-Employed Londoners - Special Offer!

Tax Returns for Self-Employed Londoners – Special Offer!

Tax Returns for Self-Employed Londoners - Special Offer!
Are you self-employed? Are you late filing your 2018/19 Self-Assessment tax return? If so, now is the time to get Taxfile to sort it out for you.

There are 4 important reasons why you should file your tax return now:

1. Save money, with our special offer!

For a very limited time, we are offering to do Self-Assessment tax returns for self-employed Londoners for just £199 + VAT (our usual pricing is from £277 + VAT). That’s a saving of nearly £94 including VAT.

2. Stay eligible for Government Help during the lock-down

Self-employed people who are struggling financially during the coronavirus lock-down may be eligible for financial help from the Government. This is in the form of their recently announced Self-Employed Income Support Scheme (‘SEISS’). However, to remain eligible, you must have filed your 2018/19 Self-Assessment tax return by 23 April. If you miss that deadline, you will no longer be eligible for that Government assistance.

3. Avoid severe fines from HMRC for being so late

The original deadline for submission of your 2018/19 Self-Assessment tax return was actually 31 January 2020. So, if you didn’t already file your tax return by that date, you already owe HMRC a fine of £100 minimum. That’s nothing, though, compared to the penalties they will start charging you after April. From 1 May, you will owe an additional £10 per day, every day from that date if you still haven’t filed your 2018/19 tax return. So, for example, after a week you’ll owe the original £100 plus an additional £70 as a minimum, or the £100 plus a further £140 after two weeks and so on. You may also be charged interest on top of all of that if you owed HMRC a tax payment on the original 31 January deadline and still haven’t paid it.

4. You may be due a tax rebate

Some self-employed people may be due a tax rebate. This depends upon your

Free 2018/19 tax returns for the Wandsworth Self-Employed

FREE tax returns for Wandsworth Self-Employed

Free 2018/19 tax returns for the Wandsworth Self-Employed

Get your 2018/19 Tax Return filled in & submitted FREE!

Wandsworth Council will pay for self-employed Wandsworth residents’ tax returns for the financial year 2018/19. This tax return service is FREE but you only have until Sunday* this week to apply. If you apply in time, Wandsworth Council will cover the cost for you.

Why free?

The Government has put in place a range of measures for self-employed individuals, including a Self-employment Income Support Scheme (SEISS). This will provide direct cash grants worth 80% of trading profits up to a maximum of £2,500 per month for self-employed individuals with profits of less than £50,000 per annum. To be eligible for this scheme, you will need to have submitted your tax returns for 2018-19 in just a few days’ time. Wandsworth Council are keen to facilitate this as part of their help to small businesses during the Coronavirus crisis.

Closing date

The deadline to apply for this free offer is this coming Sunday 19 April*. Once you have applied, your actual 2018-19 tax return will need to be submitted to HMRC by Thursday 23 April, so time is of the essence. However, that’s where Taxfile comes in. We’ll get all the figures entered and submit to HMRC on your behalf. Wandsworth Council will pay our fees if you applied no later than their 19 April deadline*.

To be eligible, you must: