10 Hilarious Excuses Britons Made for Missing the Tax Return Deadline
As some taxpayers make hilarious excuses on missing the tax return deadline to avoid detention from HMRC. HMRC does not accept hilarious excuses except the reasonable excuses, that taxpayers make. However, HMRC has revealed the list of such excuses that taxpayers made for missing the tax return deadline and some interesting hilarious excuses among them are enlisted below:
- My tax return was on my yacht…which caught fire.
- A wasp in my car caused me to have an accident and my tax return, which was inside, was destroyed.
- My wife helps me with my tax return, but she had a headache for ten days.
- My dog ate my tax return…and all of the reminders.
- The postman doesn’t deliver to my house.
- I couldn’t complete my tax return, because my husband left me and took our accountant with him. I am currently trying to find a new accountant.
- My child scribbled all over the tax return, so I wasn’t able to send it back.
- I work for myself, but a colleague borrowed my tax return to photocopy it and lost it.
- My husband told me the tax return deadline was on the 31 of March.
- My internet connection failed.
Calendar: Key tax-related deadlines:
Below are the few important dates relevant to the businesses in the UK. Generally, the VAT return is filled after every three months unless a business has selected for annual vat scheme (when return is filled once a year). A limited company must prepare and file the accounts nine from after the year-end date. Payroll must be submitted once a month if your staff is paid monthly and weekly submission if you are paying your staff weekly. We are accountants in Reading who can assist with managing all the tax deadlines work in time.
1st January is the deadline of paying corporation tax of your limited company its year-end is 31st March. 31st January is the deadline of online filing self-assessment tax return and deadline of the first payment on account as well.
7th Feb is the deadline of filing the previous year’s last quarterly VAT return.
6th April is the startup of a new tax year. Govt updates new tax news, law and regulation on this day. Mostly minimum wage rate is revised in April every year, so it is worth checking if you are paying the right amount of salary to your staff.
It is the time to gather all your documents for tax return 2019/20. You need to keep yourself update with latest tax news to implement better accounting practices for your business or yourself such as for income tax, or invoice and prevent yourself from committing any mistake in the next tax year.
19th April is the deadline to file year-end PAYE return of your employees and PAYE paid. If you are an employer and you pay quarterly PAYE, 22nd April is your deadline to pay your PAYE (tax & NIC).
7th May is the deadline to file your year’s first quarterly VAT return and it covers your VAT return from 1st January-31st March.
6th July is the deadline to file P11D to your employees. 22nd July is the deadline of class NIC 1A payment.
31st July is the deadline of second payment on account.
7th Aug is the deadline to file this year’s second quarterly VAT and it covers the VAT return from 1st April to 30th June.
If you are self-employed, 5th October is the deadline to register with HMRC and submit deadline to submit SA1 form if you are non-self-employed.
31st October is filing deadline for paper self-assessment returns for tax year 2019/20.
7th Nov is the deadline of filing this year’s third quarterly VAT return and it covers return from 1st July to 30th September.
31st Dec is filing your company’s annual accounts’ deadline if you have limited company and its year-end is 31st March.
Whether you are self-employed or running your business under the limited company and worried about the deadlines, you get in touch with our team of Accountants in Berkshire who are proactive and make sure their client is filing their tax returns before the deadline and they are kept away from penalty zone.
To avoid sleepless night, please get in touch with Berkshire Accountants Ltd and book a free no-obligatory 30 minutes appointment to discuss your requirements.