This is a quick reminder to all driving instructors who haven't filed a paper tax return for the year ended April 2009 that you have until the end of January 31st 2010 to file an online return.
Failure to meet this deadline means an automatic penalty fine of £100, and you will still be liable for tax due on any profits made in the year from your driving school as well as interest.
So either chase up your accountant or log on to the HM customs website now before it is too late. I assume you have been keeping accurate records of your business activities for the year 2008/09? It is best if you file your driving instructor tax return online manually or via commercial software.
Wednesday, 30 December 2009
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