Dealing with your Tax Returns online
by Startacus Admin
Yes, the deadline for sending your paper Self-Assessment tax return has now passed (31st October) but don’t worry you can still file your tax return online. Steve Girling from itab gives Startacus the lowdown...
The deadline for sending your tax return online is 31st January by midnight. Sending your tax return online can be quite straight forward and the advantages are that at least your figures are calculated 
automatically and you’ll know straight away what you owe or if you’re lucky what HMRC owes you.
How do I send it online?
The first thing you will need to do is sign up for HMRC services, you will need your Unique Tax Reference (UTR) number and either your postcode or National Insurance number at the ready then you can do this by visiting: https://online.hmrc.gov.uk/registration/
Once signed up you’re then ready to use the HMRC Self-Assessment service, which is completely free. It can take HMRC up to 7 days to send you your activation code, so don’t leave it until the last minute.
I’m planning on filing the return myself but what tips could you give me?
The main tip we would give anybody filing their return is to be prepared. Yes, its sounds straight forward but it would take an awful lot more of your time if you don’t have the relevant information. A rough list of what you could need:
P60
P11d
Self-employed accounts
Information on any other income, such as investments, pension, savings, property.
Make sure you then complete all of the relevant pages then when you are happy either print off a copy or save a copy on your computer. You don’t have to send HMRC any of your paperwork although you must keep your back up paperwork in case HMRC do ask.
itab specialises in providing low cost, simple and straight forward accounting services to individuals, sole traders and small limited companies.
For further information you can contact itab on 07585 499552, steven.girling@itab.org.uk, www.itab.org.uk or follow us on twitter @itabSteve
Join the Self Start society! If you like what you see here on Startacus and want to get involved yourself, why not become a member of our growing community by joining for free here!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The London-based startup which is facilitating the “high end alternative to coworking.”
Insurtech startup DeadHappy officially launched this week, bringing the UK’s first fully digital pay-as-you-go life insurance to consumers.
1 in 10 UK kids spending more than 50 hours per week watching TV, playing video games or interacting with a smartphone according to the findings of a report conducted by Care.com
“Free-from” food-to-go startup Pollen + Grace to launch into national supermarkets Tesco and Co-Op, continuing its mission to bring exciting healthy meals to the high street.
Skyports - The drone focused startup that is creating end to end cargo and passenger drone delivery solutions
The lowdown on Catalyst Inc's annual competition that showcases and rewards local NI innovations and proof of concept ideas...
Bristol and Bath based early-stage startups and entrepreneurs take note - here's the lowdown on key startup support and help available where you are...
Artificial intelligence platform Ricochet is on an AI mission to find new business leads that fit the needs of your company.
From understanding more about how a business can invoice effectively to avoid late payments, to what debt recovery means, to how to take legal action against overdue debt.
Published on: 4th November 2012
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- 1 in 10 UK kids spend more than 50 hours a week in front of a screen 20th Feb 2019 1 in 10 UK kids spending more than 50 hours per week watching TV, playing video games or interacting with a smartphone according to the findings of a report conducted by Care.com
- INVENT 2019 applications sort 17th Feb 2019 The lowdown on Catalyst Inc's annual competition that showcases and rewards local NI innovations and proof of concept ideas...
- Startup Weekend Dublin immigration aims to builds ideas not borders 7th Feb 2019 Migrants are gonna surround us, With ideas! We take a look at Startup Weekend Dublin immigration...
- Sports facility management platform Pitchbooking nets £250k investment 6th Feb 2019 SportTech Belfast startup Pitchbooking, secures £250k investment to help become the market leader in sports facility management.
