Are you a new business? Or an existing business interested in our services?Get a quote
HMRC is advising taxpayers that there are 100 days left to file their 2017/18 tax return and urging them to avoid the last-minute rush
Last year, more than 11m people completed a 2016/17 self assessment tax return, with 10.7m completing on time. There were 4,852,744 who filed in January 2018 (44.8% of the total), and 758,707 on 31 January, the deadline day. In 2017 a record 93% of taxpayers did their return online.
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.’
The deadline for paper tax returns is 31 October 2018, and the deadline for online tax returns and paying any tax owed is 31 January 2019. If taxpayers miss the deadline, they can face a minimum £100 penalty for late submissions.
Contact us if you need help with your Tax Returns
Brearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.Contact