If you find yourself seeking accurate and timely information, or in case of a business emergency, you may need to contact HMRC. HMRC's website has many different links and contact information for different purposes. This article sums up the main reasons why people contact HMRC. However, if you don't want to stay on hold for a long time, reach out to us! We have experienced accountants and tax advisors ready to assist.
We have seen the Income tax fluctuate with the ongoing economic crisis. The November Fiscal statement, which will be announced by the new PM Rishi Sunak, may indicate more changes in the Income Tax. If you have any questions or concerns related to your Income Tax, contact HMRC.
HMRC has set up an income tax helpline to help people with any queries regarding their taxes. You can call 0300 123 5000 between 8am and 5pm Monday to Friday.
Alternatively, reach out to Elena Meskhi & Co. Our professional team of accountants have vast experience and can answer your questions. Don't hesitate to give us a call or book a discovery call.
If you didn't know already, you need to send HMRC a Self-Assessment tax return if you are a self-employed sole trader that earned up to £1,000 (according to the HMRC website). One other reason why you need to send a self-assessment tax return is when your partner is also your business partner.
It's also possible to file your self-assessment tax return online at www.hmrc.gov.uk/taxreturns. This will allow you to submit your returns electronically, saving you time and money.
Although you can do that on your own, we recommend seeking the assistance of a professional accountant to prevent errors and penalties. Reach out to us if you want to apply for a self-assessment.
If you do not have an accountant for your business and yourself, you may want to explore these areas:
-Class 1 National Insurance Rates and Threshold
-Class 2 and 3 National Insurance
-Statutory Payments
-Employment Histories
-Gaps in your National Insurance Contributions.
The NI number is essential when you want to apply for self-assessment. If you do not have one, you can apply for one by visiting www.hmrc.com/ni. HMRC's website is filled with information regarding National Insurance.
We have warned our clients and our viewers on all our channels about the dangers of spammers. Spammers will reach out claiming to be HMRC and trying to collect your personal and bank information. If you feel that the inquiry was not right, reach out to HMRC & report it immediately!
If you receive spam calls or emails, report them to HMRC using the online reporting form at https://www.gov.uk/report-spam.
We shared with you multiple ways you can contact HMRC. However, if you couldn't get to an HMRC officer, we recommend emailing them and waiting for a response. However, if it's an urgent inquiry, we're here to help with any questions you might have regarding taxes. Our team has been helping clients since 2010 and we've got years of experience under our belts.Contact us, we can help!