The self-assessment tax return deadline date is fast approaching (31st January 2015). For doctors who file self-assessment returns now is the time to act.
Especially for those doctors who have never filed a self-assessment return before, it is time to start the process now. You will need to request an on-line activation code which must be activated within 28 days of receiving the letter - the letter itself can take up to 10 days to receive.
Although on-line filing of self-assessment tax returns has made things a lot easier, you still have to have all the relevant information to hand and it can take a bit of time to get set up on the system. A month is not that long so we would recommend getting started.
And as a bit of fun..........
Top Ten Terrible Excuses For Late Tax Returns and Tax Payment
- My pet dog age my tax return....and all the reminders.
- I was up a mountain in Wales, and couldn't find a postbox or get an internet signal.
- I fell in with the wrong crowd.
- I've been travelling the world, trying to escape from a foreign intelligence agency.
- Barack Obama is in charge of my finances.
- I've been busy looking after a flock of escaped parrots and some fox cubs.
- A work colleague borrowed by tax return, to photocopy it, and didn't give it back.
- I live in a camper van in a supermarket car park.
- My girlfriend's pregnant.
- I was in Australia.
Do not add to the list this year!
If you have any queries with regard to tax planning or tax returns please get in touch on email@example.com or 0117 966 5699.