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  2. Tax returns in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    In the United Kingdom, a tax return is a document that must be filed with HM Revenue & Customs declaring liability for taxation. Different bodies must file different returns with respect to various forms of taxation. The main returns currently in use are: SA100 for individuals paying income tax. SA800 for partnerships.

  3. HM Revenue and Customs - Wikipedia

    en.wikipedia.org/wiki/HM_Revenue_and_Customs

    At the end of March 2009, HMRC was managing 20 million 'open' cases (where the department’s systems identify discrepancies in taxpayer records or are unable to match a return to a record) which could affect around 4.5 million individuals who may have overpaid in total some £1.6 billion of tax and a further 1.5 million individuals who may ...

  4. Making Tax Digital - Wikipedia

    en.wikipedia.org/wiki/Making_Tax_Digital

    Making Tax Digital ( MTD) is a UK government initiative that sets out a vision for the 'end of the tax return ' and a 'transformed tax system', announced in 2015 and originally intended to be in place by 2020. [1] HM Revenue and Customs (HMRC) states that the main goal of MTD is to make tax administration more effective, more efficient and ...

  5. Tax returns: 4 million still to file self assessment, says HMRC

    www.aol.com/news/tax-returns-4-million-still-to...

    More than 12.2 million customers are expected to complete a tax return for the 2020/21 tax year, according to HMRC.

  6. HMRC will close tax helpline for half the year - AOL

    www.aol.com/finance/hmrc-close-tax-helpline-half...

    Taxpayers seeking help with self-assessment will need to use online services from 8 April to 30 September.

  7. Taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    The 'tax gap' is the difference between the amount of tax that should, in theory, be collected by HMRC, against what is actually collected. The tax gap for the UK in 2013–14 was £34 billion, or 6.4 per cent of total tax liabilities. It can be broken down by tax type

  8. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    In the United Kingdom, the value added tax (VAT) [1] was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National Insurance. It is administered and collected by HM Revenue and Customs, primarily through the Value Added Tax Act 1994 . VAT is levied on most goods and services ...

  9. United Kingdom corporation tax - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom_corporation_tax

    The self-assessment tax return needs to be delivered to HMRC 12 months after the end of the period of account in which the accounting period falls (although the tax must be paid before this date). If a company fails to submit a return by then, it is liable to penalties. [207]

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