With less than 100 days until the deadline of 31 January 2019, HMRC is urging taxpayers to complete their tax returns early, in order to avoid the last minute rush.The deadline for submitting 2017/18 Self Assessment tax returns online is 31 January 2019. An automatic penalty of £100 applies if the return is late.
According to HMRC statistics, last year more than 11 million taxpayers completed a 2016/17 Self Assessment tax return, with 10.7 million completing on time. There were a further 4,852,744 taxpayers who filed in January 2018 (44.8% of the total) and 758,707 on 31st January, the deadline day.
Angela MacDonald, HMRC’s Director General for Customer Services, said: “The deadline for completing Self Assessment tax returns may be 100 days away, yet many of us wait until January to start the process. Time flies once the festive period is underway, yet the ‘niggle’ to file your tax return remains.
“We want to help people get their tax returns right – starting the process early and giving yourself time to gather all the information you need will help avoid the last minute, stressful rush to complete it on time. Let’s beat that niggle.”
HMRC is advising taxpayers not to leave the completion of their 2017/18 Self Assessment tax until the last minute.
Danielle Harvey, Director at Harvey Telford and Bates commented: “The deadline for Self Assessment tax return is fast approaching and we are urging people to submit their tax information to Harvey Telford and Bates as soon as possible to ensure it is dealt with promptly.”
If you need help sorting out your tax returns give us a call today on 01743 462604 or email firstname.lastname@example.org to speak to member of our staff.