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If you prepare a paper tax return every year you need to be aware that from the end of October, if your tax return is submitted even a day late then you will be instantly hit with an £100 fine. This amount will go up by £10 per day if your return is filed more than three months late to a maximum of £900. After six months the penalty will increase even further by the larger of £300 or 5% of the tax due.

Crowds gathered in Horsham Carfax for the annual Charity Christmas Market on Sunday 27th November 2011. They enjoyed entertainment from the local Rock Choir and also took up the opportunity to ride on a traditional steam bus. The event was a great success as always and Spofforths Private Client Services was delighted to cover the hire cost for each stall.

Spofforths client Sebastian Foucan is taking part in the seventh series of
Dancing on Ice which launched on 9th January. The Frenchman founded
free-running and famously used his skills in the hit movie Casino Royale.

From 6 April 2012 self-employed teachers will now be regarded as such for both Income Tax and National Insurance purposes. This is a change from the previous treatment where you would have paid Income Tax under self-assessment but the school would have deducted Class 1 National Insurance through their payroll system.