The UK tax system can be complex and difficult to navigate. Fortunately, the HM Revenue & Customs (HMRC) provides a variety of resources to help taxpayers understand their obligations, register for taxes, and file tax returns. This guide will provide an overview of HMRC services, and how taxpayers can use them to their advantage.
Registering for Taxes
The first step in navigating the UK tax system is to register for taxes. All UK taxpayers must be registered with HMRC to pay taxes. This can be done online or by post. Once registered, taxpayers will receive a Unique Taxpayer Reference (UTR), which will be needed when filing tax returns.
Filing Tax Returns
Once registered, taxpayers must file an annual tax return. This will provide HMRC with all the necessary information about a taxpayer’s income and other financial information. Taxpayers may either submit their return online or by post.
Paying Taxes
Taxpayers can pay their taxes either online or by post. HMRC also offers a variety of payment plans, such as Direct Debit, to make it easier for taxpayers to pay their taxes.
Claiming Tax Refunds
If a taxpayer has overpaid their taxes, they may be eligible for a tax refund. HMRC offers a service to help taxpayers claim tax refunds. Taxpayers can also use HMRC’s online services to check if they are due a refund and to make a claim.
Help and Support
HMRC provides a variety of online resources, such as online tax calculators, to help taxpayers understand their tax obligations and to make filing their tax returns easier. You are also very welcome to reach out to us at TaxHelper.io.
In TaxHelper, we help you find the tax refunds you are entitled to. You just answer simple questions that only take 15 min. to go through.
Afterwards, we report the tax refunds and you get an extra £308 paid out on average. And you only pay if you get a tax refund.
