New Forest

12/01/2018

Update the Tax Credits Office to ensure the right benefits

HMRC is reminding everyone in Self Assessment to also update the Tax Credits Office (TCO) with their final income details to ensure they get the right benefits.

Claimants who submit a tax return will need to provide the net profit figure from the return before 31 January 2018. Anyone with income from additional sources such as dividends, investment income, interest, pensions or property/rent, will also need to report this to the TCO.

To update the Tax Credits Office, call the Tax Credits Helpline on 0345 300 3900.

For further information of Self Assessment or Tax Credits, please contact Susan Andow on 023 8046 1214.

Latest Tweets

In 2018, almost 1.4 million businesses employed staff members. For those small businesses, operating the payroll can be time consuming without dedicated resource https://t.co/z2Xx3wqfGh

As of 1 January 2019, there is a temporary increase in the Annual Investment Allowance (AIA) to £1 million https://t.co/tL4X45bFlk

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.