Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Work

Chat with other users about all things related to working life on our Work forum.

tax 2015-16

2 replies

LadyLuck81 · 26/01/2016 19:28

Is there anything to stop me putting all my figures in for the last calendar year as soon as the HMRC lets me and getting a figure so I can pay off gradually over 12 months?

This year I had to do my first return for a property rental. But only 2 months fell in 14-15 so it was easy. I've all my paperwork in spreadsheets / ring binder.

Is there any reason NOT to do this?

OP posts:
TalkinPeace · 26/01/2016 22:23

The earliest you can submit 15/16 figures is when the system goes live in the second week of April.
Taxes do not run to calendar years

but yes, filing early gives you lots of time to pay

LadyLuck81 · 27/01/2016 08:07

I meant tax year but am clearly hopeless. (I really should know better) Thank you for confirming. It's appreciated.

OP posts:
New posts on this thread. Refresh page
Please create an account

To comment on this thread you need to create a Mumsnet account.

This thread is closed and is no longer accepting replies. Click here to start a new thread.