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CKLG Accountants painless guide to completing your 2018-19 Tax Return

14.01.2020

Private Client

Thousands of taxpayers filed their Tax Return over the festive period.  For those of you who wrapped presents, peeled sprouts and did more than their fair share of the washing up, here are some last minute tips to help you complete your 2018-19 Tax Return.
 

The 31 January Tax Return filing deadline is approaching fast! 
 

In December 2019, the government announced that it is to make a package of changes to the controversial and retrospective loan charge; a measure designed to tackle unpaid tax on disguised remuneration arrangements (e.g. loan arrangements).  

 

If affected, do call us to discuss how this will affect the entries on your Tax Return.  In certain circumstances, HMRC may allow an extension to file your 2018-19 Tax Return.   

 

The first budget of our new government will take place on 11 March.  Could the Conservatives majority result in some unexpected announcements?

 

Tax affects every area of our lives, it’s shaped our past and will change our future.  Contact our Cambridge Tax team on 01223 810100 for friendly help and support.

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