With just a couple of weeks left until the self-assessment deadline date, there are around 5.4 million who are still yet to complete and send off their tax return.
Almost 18,000 customers chose to start the New Year by filing their tax returns on 1st January, with 1,943 completing their returns between 15:00 and 15:59.
HMRC is urging those who haven’t filed theirs yet to act now before the 31st January deadline, as it may be a more time-consuming process than anticipated.
Karl Khan, HMRC’s Interim Director General for Customer Services, said, “In what was a very difficult year for many, we are grateful to the 55% of our customers who have already submitted their returns.
Thinking of appointing Dolan Accountancy?
Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.
Email Jaime“HMRC is ready to offer support to those who are yet to file their returns or are worried about paying their tax bill, but they must act now so we can help before the deadline.”
Once you have completed your 2019 to 2020 tax return and know how much tax is owed, you can set up a payment plan to help spread the cost of your tax liabilities, up to the value of £30,000.
You can use the self-serve Time to Pay facility to set up monthly direct debits online. Interest will be applied to any outstanding balance from 1st February 2021.
To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com
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