HMRC allows a certain amount of daily subsistence for tax relief if working away from your usual place of work. If you are travelling up to 5 hours then it is £5 per day, if up to 10 hours then £10 and if over then £25 per day. Remember to add these to your tax return expenses for maximum tax relief.
Spring Budget 2024 – please read on for the main points of note.
If your 2023 tax is not paid by 1st March 2024 there is a 5% penalty based on the outstanding tax amount, if not paid by 1st August 2024 then another 5% penalty and if still unpaid by 1st Feb 2025 yet another 5%.
Remember to pay your balancing personal tax payment for 2023 plus your first account payment for 2024 by 31st January 2024. You can pay this by going to www.hmrc.gov.uk/pay-self-assessment-tax-bill