Self-Assessment deadline is approaching fast

Date posted: 15th Oct 2018

If you complete your own tax return via paper rather than online, then the 2017/18 tax return will need to be submitted to HMRC by 31 October 2018.

The late submission of the tax return will give rise to a £100 late filing penalty plus further penalties if the return continues to be outstanding. The penalty applies regardless of the fact that you may have no tax to pay or are maybe due a refund.

As a firm, we use state of the art software to file your tax return electronically with HMRC which means that we have until 31 January 2019 to complete your 2017/18 tax return, should you need some assistance. You can of course do this via the HMRC website, but you will need to register quickly for a HMRC account as the registration process can take a few months to complete.

The other advantages of online filing include an instant acknowledgement that the tax return has been received by HMRC (this saves relying on the postal system), the quicker payment of any refunds due and the ability to see your earlier tax returns and liabilities online.

We complete thousands of personal tax returns for personal clients. If you require assistance, please contact us.

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