As from 6th April 2016 the main UK rates of income tax will be reduced by 10p in the pound for Scottish taxpayers, leaving the Scottish Parliament able to levy a Scottish Rate of Income Tax (SRIT). The rate bands…
Tax Planning
Why line the Chancellor’s pockets, when you don’t have too! Is there a strong possibility that some of your income this year may be subject to higher rate taxation? If so, it’s not too late. We can assist you to…
Penalties if you miss the tax return deadline
If you miss the deadline, the longer you delay, the more you’ll have to pay. So it’s important to send your tax return to HMRC as soon as you can. The detail below shows the penalties you’ll have to pay…
Deadlines for sending in your tax return
Don’t penalise yourself by filing late tax returns. KFMCO TAKES ALL THE HASTLE AWAY AND FILES THEM FOR YOU, ONLINE AND ON TIME. 31 October: all paper returns If you send a paper tax return it must reach HMRC by…