Are you confused by what you can or can’t claim in your tax return?
HMRC have commented that common errors in tax returns are incorrectly allocating income and expenses especially with many new income streams as a consequence of Instagram e.g. payments to Influencers for promoting products and income from sources such as rental income via AirBnB. In addition, investment income and savings are often incorrectly declared.
At Avanti, our tax experts can ensure that you declare what you should, claim what you can and declare your income in the most tax efficient way.
If you are struggling to get your head around what you need to declare to HMRC in your tax return, why not call Avanti. There is still time to submit your tax return online.on time. no fine using our ‘while you wait’ tax return service.
Failure to submit to HMRC by Midnight on the 31st January will incur an automatic £100 penalty!
What could you do with £100?
Use Avanti to file your return online.on time. no fine and instead of handing over a penalty to the taxman you could treat yourself to;
- A track day for one
- Theatre and dinner for two
- Climb the O2
- Thames lunch cruise For two
Seems like a no brainer to us!