Contents
Borrowed clothes?
You want it when?
The daily grind
Knock knock
Computers@home
Stick to the facts
It's personal
Expense claims
Cash down
Plant buying
Hobson's choice
A helping hand
Education, education
Up with the Joneses
Bills bills bills
Done to a crisp
Tax association
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It has now been confirmed that income tax returns will be required earlier next year - if they are sent in paper form. The new deadline for 2007/08 forms is 31 October 2008, three months in advance of the current 31 January date. 31 January remains the due date for returns filed online, and also for paying the tax. As a small carrot to go with this stick, HMRC will change the rules on when they can open an enquiry into a return. At the moment, this is 12 months from the last filing date, whether you put the return in early or not. So if you are very quick, you get no advantage - the taxman can look at your return for more time before deciding whether to ask you questions. Next year, the taxman's clock will start running the day they get the return. You will still have 12 months from the 31 January filing date to make amendments to a return, but if you do make an amendment it gives the Inspector longer to ask questions. One thing doesn't change: if we are responsible for filing your tax return, we need time to do a proper job before we send it in - "two days before the Revenue deadline" is not enough, particularly if all our clients choose to send their information to us at the same moment. We will let you know in good time what we need and when we need it, and we trust that you will help us to help you.  |