Changes to your bill
FinSol Tax Advisors have Tax advisors London who are a part of the largest network of accountants and they offer various kinds of services.
Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax.
Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return.
You’ll see your amended bill straight away if you updated your tax return online. Within 3 days, your statement will also show:
• the difference from the old one, so you can see whether you owe more or less tax • any interest
To view this, log in to your account and choose ‘View statements’ from the left-hand menu.
If you’re owed tax
To claim a refund, go to ‘Request a repayment’ from the left-hand menu within your HMRC online account. Allow 4 weeks for your refund to be sent to your bank account.
If you need to pay more tax
Your updated bill will also show:
• the deadline for paying • the effect on any payments on account you need to make
If you sent an updated paper return
HMRC will send you an updated bill within 4 weeks. They’ll also pay any refund directly into your bank account, as long as you included your bank details on tax return.
We can help you to manage your business and their accounts easily and efficiently. If you need any Kind of information about our accountants and their services contact us today!
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