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TMA Accountants are Accountants in Dundee, Tayside & Fife who offer a fixed fee accounting service

TMA Accountants & Taxation Advisers are Accountants in Dundee & Fife who offer a prompt, quality and most of all affordable service to all Self-employed, Trades and Businesses.

We are an experienced team providing a prompt service at a competitive price at all times. Striving to provide you with the answers and professional service you seek.

Whether you want to start a new business, start as self employed or even just fancy a change in accountants, we at TMA Accountants have the expertise to help you, whatever your problem. So don’t hesitate, contact us today on ->

01382 772988 / 01333 310155

07875626223

contact@tmaaccountants.co.uk

Nearly one million innocent people wrongly chased by HMRC for late tax

A quite alarming statistic from the weekend papers my first blog post , but definitely one that needs to be highlighted !

Tax inspectors have been trying to fine up to one million innocent people hundreds of pounds each for late tax returns. HM Revenue Customs are quoted stating that 963,000 taxpayers were found to be unnecessarily registered for self-assessment (SA) in the past two years. They have now been taken out of the system altogether.

None of the taxpayers had been required to put in Self Assessment tax returns for three years yet were still being chase for late filing penalties. The number of people affected represents one in 11 of the UK’s 11 million people who are registered to pay tax in this way every year.

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If you have been affected by this and feel you should not be filing Self Assessment , don’t “bury your head in the sand” , feel free to contact TMA Accountants.

We can help deal with incorrect fines imposed, late tax return filing, incorrect late penalties, penalty interest, incorrect HMRC determinations and many others !

Link to the full story

 

 

Welcome

Welcome to our new site and monthly blog.

I’m going to write a monthly blog on a mixture of items. The blog will mainly contain tips for saving tax , advice on changes in tax laws and some other miscellaneous items3484bw.JPG

Cheers

TMA