Recent data revealed that as many as 3,003 taxpayers filed their self-assessment returns on 25th December last year.
For many people the festive period is for relaxing, however, for those needing to meet the 31st January deadline, it seems to be the perfect time to complete their tax return!
The number of tax returns filed during Christmas:
25th December (total 3,003)
- 00 – 08:00 (248)
- 08:01 – 16:00 (1,458)
- 16:01 – 00:00 (1,297)
26th December (total 9,254)
- 00 – 08:00 (380)
- 08:01 – 16:00 (5,115)
- 16:01 – 00:00 (3,759)
Thinking of appointing Dolan Accountancy?
Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.
Email JaimePeople need to complete a tax return if they:
- or their partner received Child Benefit and either of them had an annual income of more than £50,000
- received more than £2,500 in other untaxed income, for example: From tips or commission, money from renting out a property, income from savings, investments & dividends, or from foreign income
- are self-employed sole traders and earned more than a £1,000
- are a partner in a business partnership
- are employees claiming expenses in excess of £2,500
- have an annual income over £100,000
If you completed a self-assessment tax return last year but didn’t have any tax to pay, you still need to complete a 2018/19 tax return unless HMRC has written to you to say it is not required.
To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com