Number of self-assessments filed early this year more than doubled

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HMRC: ‘Filing your Self-Assessment early means you can spend more time building your business or doing the things that you enjoy and less time worrying about completing your tax return’.

The number of people who chose to file their self-assessment tax return on the first day of the tax year has more than doubled since 2018.

HMRC revealed that more than 77,500 people submitted their tax returns for the 2022 to 2023 tax year on the 6th of April 2023, compared to almost 37,000 customers on the 6th of April 2018.

With the deadline date to file for the 2022 to 2023 tax year on the 31st of January 2024, those who file early can really benefit from knowing how much they owe in tax sooner rather than later, and there’s also the fact that they can find out if they are owed money from HMRC at an earlier date.

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Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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Myrtle Lloyd, HMRC’s Director General for Customer Services, said, “Filing your Self-Assessment early means you can spend more time building your business or doing the things that you enjoy and less time worrying about completing your tax return.

“To find out how you can start yours and get help with budget planning, search ‘Self Assessment’ on GOV.UK.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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By Published on 24th May 2023

limited, Contractors

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Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £105 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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