Tax Accountant in Surrey

Affordable fixed fee personal tax packages. Covering tax returns, self employed & rental accounts, bookkeeping and complex tax affairs. Making tax as easy as possible for clients since 2006.

  • E-mail
  • LinkedIn
  • Twitter
  • Home
  • Services
    • Fixed-fees
    • Bronze – Tax Return
    • Silver – Return & Accounts
    • Gold – Complex Returns
  • Resources
    • Books
    • Business Course
  • About
  • FAQ
  • Clients I’ve helped
  • Blog
  • Contact

SA316 – HMRC Notice to File a 2021 Tax Return

HMRC has started issuing the 2021 notices to complete a tax return.

These can either be received through your online personal tax account, as above, or through the post.

The postal form is called a SA316 form.

The notices relate to the 2020/21 tax return year, which covers the period 6th April 2020 to 5th April 2021.

As in previous years, it is recommended to complete your tax return as soon as the information is available.


There are many benefits to completing the tax return now:

– You will know what tax will be due in July 2021, January 2022 and July 2022.

– Filing soon after the year-end doesn’t mean that your tax has to be paid any earlier, but the 31st July 2021 payment on account may be able to be reduced.

– Any refunds due for the year can be issued without delay.

– If you are an employee and owe less than £3,000 you can elect to pay the tax liability interest-free through your tax code starting in April 2022 – as long as your return has been submitted before 30th December 2021.

It is important to remember that the notice to file means that you have to submit a tax return, even if there is no tax due.

Fines are issued based on the receipt of the form rather than the tax liability, so failing to submit the return could result in significant fines if the reminders are ignored.

If you have any queries regarding your 2021 tax return, please do make contact to see how I could assist – there is no charge for an initial discussion via email.

May 4, 2021

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Related

Comment Cancel reply

Tax & small business news

  • HMRC Home working claim changes for 2023
  • The 2022 Tax Return
  • National Insurance changes from July 2022
  • Making Tax Digital postponed until 2024
  • National Insurance increase from April 2022
  • Dividend Tax Increase from April 2022
  • Taxhelp celebrates 15 years in business
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie & Privacy Policy

Accountant in Surrey

Are you looking for a personal tax specialist?

I built up my tax experience in industry and practice over 17 years before founding my own practice in 2006.

Based in Cobham, Surrey I can also help clients throughout the UK.

  

My goal is to make personal tax and accounts for the self-employed as easy as possible for clients

 

Award-winning Accountant

Small Business Saturday is the UK's most successful small business campaign. Only one hundred of the UK’s top small businesses are selected each year for the SBS100. They act as trail-blazers in the official count-down towards the annual event.

I was one of the alumni from the 2014 Small Business Saturday 100, resulting in two visits to Downing Street.

In the Surrey Digital Awards from 2015 - 2018, I was also the winner of several top awards.

© 2022   ·   taxhelp.uk.com Ltd     ·     Privacy & Cookie Policy     ·     Terms & Conditions