Tag Archive: self-assessment deadline
Self-assessment deadline approaching
Posted 2nd October 2023 at 2:20 pm
The deadline for filing the 2022/23 self-assessment return online is 31 January 2024*. While this deadline may seem ages away, it’s important not to let your tax return slip your mind. HMRC will not forgive you for a late filing. Even if your return is only one day late and/or there is no tax to pay, they will still charge you a penalty. You can avoid a fine by submitting your return well before the deadline, which means that now is a great time to be preparing all your information to send across to your accountant well in advance of... Read more
File your tax return early this year!
Posted 4th July 2022 at 11:26 am
Many of you will have received an email from HMRC recently inviting you to submit your Self Assessment tax return earlier this year. Though the online Self Assessment filing deadline is 31 January 2023 (31 October 2022 for paper submissions), there are some benefits to filing early if you are able to. Filing your Self Assessment tax return earlier can give you peace of mind, and help you better manage your tax bills so that you don’t get a nasty surprise in January. When returns are filed early, the payment on account (POA) for the next period is more likely... Read more
Time to start thinking about tax!
Posted 11th October 2021 at 4:27 pm
The deadline for filing the 2020/21 self-assessment return online is 31 January 2022*. While this deadline may seem ages away, especially at a time when you may be dealing with supply chain issues, staffing shortages, and other ongoing fallout from Brexit and the Covid-19 pandemic, it’s important not to let your tax return slip your mind. HMRC will not forgive you for a late filing. Even if your return is only one day late and/or there is no tax to pay, they will still charge you a penalty. You can avoid a fine by submitting your return well before the... Read more
When is your tax return due?
Posted 5th October 2020 at 10:01 am
The deadline for filing the 2019/20 self-assessment return online is 31 January 2021*. While this deadline may seem ages away, with the Covid pandemic ongoing, and the Brexit transition period coming to an end, it would be understandable if you had other things on your mind! However, HMRC will not forgive you for a late filing. Even if your return is only one day late and/or there is no tax to pay, they will still charge you a penalty. You can avoid a fine by submitting your return well before the deadline, which means that now is a great... Read more
Are New Year’s Resolutions bad for you?
Posted 7th January 2020 at 4:43 pm
We’re a week into 2020, and some of us will already have broken our New Year’s Resolutions, with others struggling to go the distance until the end of January, let alone the end of the year! For many of us, and particularly for those with mental health issues, resolutions can become yet another thing to fail at, causing us to feel bad about ourselves. However, given that on average, 80% of resolutions are abandoned by February, is it really the person that is to blame, or the whole idea of resolutions that is inherently faulty? Willpower is finite The... Read more
Do YOU know when your tax return is due?
Posted 16th October 2019 at 9:19 am
The deadline for filing the 2018/19 self-assessment return online is 31 January 2020*. While this deadline may seem ages away, with Christmas (and Brexit!) on the horizon it could be easy to get distracted until you realise that you only have a few weeks left to submit. A late filing penalty is charged if the return is filed late, even if it is only late by one day and/or there is no tax to pay. You can avoid a fine by submitting your return well before the deadline, which means that now is a great time to be preparing all... Read more