Are you due a tax refund?The clock is ticking to the end of 2019. Before the year is out, the following deadlines should be considered to ascertain whether they are applicable to your particular circumstances.
Claiming tax refunds is time barred after four years. Any tax refunds due for year ended 31st December 2015 must be claimed by 31st December 2019. These could include:
- Medical Expenses
- Dental Expenses
- Tuition Fees
- Flat rate expenses
- Tax credits
CAPITAL GAINS TAX
If you have disposed of any chargeable assets in the period 1st January 2019 to 30th November 2019, the Capital Gains tax thereon is due to be paid by 15th December 2019. For any disposals in December 2019, the capital gains tax is due by 31st January 2020. Some examples of chargeable assets include land,property and shares.