HMRC penalties for failing to notify a tax liability

by | Aug 20, 2026 | HMRC notices

If you become liable to pay a tax or register for a tax that HMRC has not already been informed about, you must notify HMRC within the relevant time limit. Failing to do so can result in a financial penalty in addition to the tax and any interest due. A failure to...

Amending a mistake on your tax return

by | Aug 10, 2026 | HMRC notices

What happens if you discover a mistake on your tax return? The good news is that errors can usually be corrected, but it is important to take action as soon as possible to avoid paying the wrong amount of tax or missing out on a possible refund. If you realise that...

Records you should keep after submitting your tax return

by | Aug 6, 2026 | HMRC notices

After submitting your self-assessment return it is important to keep your records used to prepare the return. HMRC may ask to check your return, so it is important to keep the supporting documents and information used to complete your tax return. There are no specific...

Claiming tax relief on professional training

by | Jul 30, 2026 | HMRC notices

Keeping your skills and knowledge up to date is important but the cost of professional training can add up. If you are self-employed some training costs may be claimed as allowable business expenses. Training costs can usually be claimed where the course helps you...