Did you file your tax return on Christmas Day?

Tax Return - One Accounting

A new press release by HMRC has highlighted that 2,700 taxpayers took the time to file their tax return online on Christmas Day with a further 8,500 taxpayers completing their tax returns on Boxing Day. In total, 31,400 Self-Assessment returns were filed between 24 and 26 December. Although this was a Christmas like no other, the number of submissions was actually slightly down on Christmas 2019. More than 11 million taxpayers are expected to complete a 2019-20 Self-Assessment tax return this year by 31 January 2021. 

HMRC’s Interim Director General for Customer Services, said:

'Online Self-Assessment means customers can do their tax returns at any time, day or night – even on Christmas Day if they want to. We’re here to help customers get their tax right, and there’s support available 24/7. For example, help sheets, webinars and YouTube videos. Search ‘Self-Assessment’ on GOV.UK to find out more.'

If you are filing online for the first time you should ensure that you register to use HMRC’s Self-Assessment Online service as soon as possible. Once registered an activation code will be sent by mail. This process can take up to 10 working days. 

We would encourage our readers to complete their tax return as early as possible to avoid the last-minute stress as the 31 January 2021 filing date looms. Last year, over 958,000 taxpayers missed the 31 January deadline.

Source: HM Revenue & Customs Wed, 06 Jan 2021 00:00:00 +0100

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