Time is running out for agents to submit the finalised figures for self-assessments in the tax year 2022/23.
Failure to submit the figures will result in a letter from HMRC that will agree a timeframe to submit the actual figures. The one-to-many letter is not a formal enquiry or a compliance check. They are designed to influence behaviour and encourage agents or taxpayers to comply with tax obligations. However, HMRC could charge a penalty in this instance if an error is found in the tax return and the agent has not corrected it.
If you would like help with your self-assessment, please contact sales@rollpay.co.uk. Alternatively, if you would like to speak with one of our advisors, please contact
0800 131 0 131.
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