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OK so I have missed the boat on declaring and accounting for your loans online form, as it was meant to be done in September 2019? So I declare everything on the 2018/2019 self assessment. As well as anything I have done in the 2019/2020 tax year??
It's payable in a lump sum. But should it matter on the figure? My question is after I have settled the tax, do I still need to declare using the online form? Or do the HMRC see my admission that I collected income that was untaxed and want to settle with interest as enough and those years will...
Also, newbie caught in the Loan Charge mess.
I have declared my loans as taxable income for the 2015/16 and 2016/2017 tax years and promptly received the tax calculation i owe including penalties and interest (absolute sickener).
My question is do i pay and that is the end of it... or do i...
I know exactly howmuch I earned and what contributions I made going through my bank statements and my government gateway tax figures. Will the HMRC be happy with these figures without the employer payroll service details?
Hello forum.
First time poster here and in a definate pickle!!
I have received a letter off the HMRC ask for a self assessment for 2015/16 tax year.
Now baring in mind ignorance was bliss. I was happy to go along and collect my loan agreements without thinking about the consequences. Not...