Orange Genie News

Who needs to file a self-assessment tax return?

Do I really need to fill this in? Why do I have to complete a tax return? As the deadline date approaches, these questions become more and more common. Fortunately, HMRC provides clear guidance on who is expected to file a self-assessment return.

You’ll need to file a tax return if, in the last tax year (6th April to 5th April):

Orange Genie Rewards


If you’re an existing user of Orange Genie Rewards you should already have received an email inviting you to log in to the new Orange Genie Rewards platform. If you’re new to Orange Genie, you’ll receive your invitation shortly after you complete your registration with us. In either case, if your invitation has not arrived, please check your junk folder and contact us asap if you still don’t have it.

As a responsible voice in the world of contracting, we often warn against “abusive” tax arrangements, and usually we’ll include words like “avoidance”, “evasion” and “serious consequences” to let you know that we mean business and are not at all amused. We do this out of genuine concern, because it really is difficult to overstate the damage that can be done if you get involved with the wrong company or follow the wrong advice.

If you’ve been working as a contractor in the UK over the last year, it will be no surprise that a petition to prevent the extension of IR35 reform into the Private sector received over 14,000 signatures, or that the government has responded.

On first reading, their response appears to be balanced and reasonable, but closer examination reveals it to be less so. If we take HMRC’s points one at a time.

Reasonable Excuses for Late Filing

As the 31ST of January rapidly approaches, thousands of tax payers are yet to file their Self Assessments with HMRC and risk facing late filing penalties.  File after the January deadline and HMRC will automatically raise a £100 late filing penalty, whether you owe any tax or not.