RECOMMEND A FRIEND
Recommendations from satisfied clients provides with a high proportion of our business, so we take them very seriously. We offer £5 off your next tax return fees as a 'thank you' for each and every person recommended who subsequently chooses TaxReturn4U to complete their tax returns. By friend we include colleagues, relatives and anyone else you know.
Here’s how it works
1
Simply ask your friend to use TaxReturn4U website to generate a fixed fee quote and checklist for his or her tax return. When sending the information to us, your friend should state, "Recommended by" your Name and TaxReturn4U client code.
2
Once we receive payment from your friend for his or her tax return, we will send email to you confirming that you are entitled to receive £5 off your next return.
3
When we invoice you next for your tax return, we will give you £5 off for each successful recommendations.
Offer Terms and Conditions
| 1 | Offer only available to existing clients of TaxReturn4U. |
| 2 | The persons being recommended must not be existing client of TaxReturn4U or have used services of TaxReturnReturn4U in past. |
Frequently Asked Questions
Do I have complete and submit my tax return? Yes. If you have been sent a tax return or a Notice to Complete a Tax Return, then you must complete and submit your tax return.
I have not received a tax return or a notice to complete a tax return and have a new source of income during the year. Do I have to tell the Inland Revenue? Yes. If you have received taxable profits or gains on which no tax has been paid, you should normally notify the Inland Revenue by 5 October in the following tax year. Failure to do so may result in penalties.
What is the deadline for submitting my tax return? The filing deadline for paper tax returns is 31 October following the end of the tax year. The filing deadline for online tax returns is 31 January following the end of the tax year. If you want to guarantee that the tax office will calculate your tax due before it is payable or you want the Inland Revenue to collect a tax underpayment of up to £2000 in a later tax year through your PAYE code, then your tax return must be submitted by 31st October following the end of the tax year.
What if I am late filing my tax return? An automatic penalty of £100 is charged if the return is not filed by the deadline date. A further £100 penalty is charged if the return is not filed by the following 31 July However, these fixed penalties cannot exceed the amount of tax outstanding at the tax return filing date.
What is the deadline for paying my tax? Generally you are required to make two equal payments on account of your tax by 31 January in the tax year and 31 July following the end of the tax year, based on your tax liability of the previous year. Any balance is payable by 31 January following the end of the tax year. You are not required to make payments on account of the tax, if more than 80% of your previous year's tax liability was covered by PAYE or tax deducted at source or if your previous year's tax was less than £500.
If I have to pay payments on account which is based on last year's tax, what happens if I don't earn as much this year? If you know that your tax bill will be lower than the previous year, then you can claim to reduce your payments on account. However, when you submit your tax return for this year, it shows that you had reduced your payments on account by too much, then interest may be payable.
