Currently viewing the tag: "tax man"

Tax Year Deadline is 31st January 2013

Tax Return Deadline Looms For LandlordsDespite all the awareness campaigns and TV advertising, Her Majesties Revenue & Customs (HMRC) repeatedly attempt to tell us that completing a self assessment tax return doesn’t have to be taxing!

However, as anyone who has ever completed a self assessment tax return will tell you, the evaluation of personal income for the tax year and the amount of time needed to complete a self-assessment form, either on paper or online can be very considerable.

When managing a single property or declaring a growing rental property portfolio, it can be hard work to set aside the time needed to tick all the right boxes.

Continue reading »

The importance of accuracy in your tax return

We all know that we have to provide detailed answers to official questions, especially on any Government forms, so why have Her Majesties Revenue and Customs (HMRC) objected to the degree of sublime, honest and fair accuracy provided by one witty respondent. 

HMRC Don't Possess A Sense Of Humour!

HMRC Don’t Possess A Sense Of Humour!

In response to the question;“Do you have anyone dependent on you?”

One man answered: “2.1 Million illegal immigrants, 1.1 Million crackheads, 4.4 million unemployable Jeremy Kyle scroungers, 900,000 criminals in over 85 prisons, plus 650 idiots in Parliament, and the whole of the European Commission”.

HMRC has returned the Tax Return to the man in Evesham, London UK after he apparently answered one of the questions incorrectly.

HMRC stated the response he gave was unacceptable.

The man’s response to HMRC was: “Who did I miss out?”

Continue reading »

There Will Never Be A Better Time To Invest In Property

MyPropertyPowerTeam.co.uk helps property investors and landlords build their own property power team to enable them to profit from property - Visit our main site now!