The deadline for submittals of 2011-2012 tax returns is fast approaching and if you are a sole trader who hasn’t even thought about doing their tax return yet, you are probably panicking about now. However, all is not lost—HMRC are aware that many first timers have no idea how to fill in a tax return, so to make things a bit easier, they are running a series of helpful Webinars during December and January. The dates for these are:
December Webinars
Monday 3rd, 2pm
Tuesday 11th, 8am
Friday 14th, 1pm
Friday 28th, 3pm
January Webinars
Thursday 10th, 7pm
Saturday 19th, 11am
Tuesday 22nd, 2pm
Wednesday 30th, 8am
The HMRC Webinars should be very helpful, so if you have never before filled in a tax return, sign up for one of the Webinars by visiting the HMRC website at www.hmrc.gov.uk. I know from personal experience just how complicated and confusing tax returns can be, so if you have never done a tax return before, it is sensible to see how the forms work rather than leaving it until 23:45 on January 31st (the deadline is 00:00) and being fined for submitting a late tax return.
How do I do an online tax return?
Filling out a tax return online is the quickest and easiest way, but before you have access to the online forms, you must register with HMRC. Unfortunately, this takes time, so if you haven’t already done so, give HMRC a call today and start the ball rolling.
