We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at Charlton and Co.
From 6 April 2009 there is a change in the penalty to pay for late notification to the HMRC that you have commenced self-employment.
Up to 6 April 2009 the penalty was £100 and you had 3 months after commencement of trade to let HMRC know.
From 6 April 2009 the rules have been changed as follows:
You may find out about other changes in a consultation at our office.