A third of tax returns are outstanding a week before deadline
HM Revenue and Customs has announced that just over 3 million customers are yet to complete their 2016 to 2017 returns with only one week to go before the 31 January deadline.
As of today, around 8 million people have filed their Self Assessment return for 2016 to 2017. HMRC is reminding customers that if you send your tax return late, you will receive a £100 penalty - even if you do not owe any tax. The longer you delay, the more you will have to pay.
Angela MacDonald, HMRC Director General of Customer Services, said:
The 7-day countdown to 31 January has now begun. Put a stop to that niggling feeling and do your Self Assessment now. Our helpful online services offer support and advice, so you can complete your tax return quicker than you think.
The deadline for sending 2016 to 2017 Self Assessment tax returns to HMRC, and paying any tax owed, is 31 January 2018.
Self Assessment customers can now also submit their return through their personal tax account. It takes 5 minutes to sign up for a personal tax account. If you think you won’t be able to submit your tax return by 31 January, please ring us, so we can help you.
Published: by Radio NewsHub