More

    One week left to file Self Assessment tax returns

    HM Revenue and Customs (HMRC) has urged customers who have not yet filed their Self Assessment tax return to get it done before the deadline on 31 January.

    Anyone who files their tax return or pays any tax owed after 31 January may face a penalty.

    The agency said fewer than 3.4 million customers are still to file the tax return, as almost 8.7 million customers have already filed their return out of the 12 million customers who are expected to file a tax return for the 2021 to 2022 tax year and pay any tax owed.

    Last year, more than 10.2 million customers filed their tax returns for the 2020 to 2021 tax year by the deadline on 31 January 2022.

    Anyone who is yet to start their Self Assessment, or needs help completing it, can visit GOV.UK to access a wide range of resources including guidance, webinars and YouTube videos. Customers are encouraged to check online for help before calling HMRC during what is the busiest time of the year.

    “Time is running out for millions of people who still need to file their Self Assessment and pay any tax owed. There’s no need for customers to call us, they can save time and search ‘Self Assessment’ on GOV.UK for a wealth of information and resources to help them complete their tax return,” Myrtle Lloyd, Director General for Customer Services, said.

    Customers can pay their tax bill in around 60 seconds via the free and secure HMRC app. The app can also provide useful information for those yet to complete their tax return including their National Insurance number, Unique Taxpayer Reference and any PAYE information.

    Customers who are unable to pay what they owe in full, may be able to set up a payment plan, allowing them to spread the cost into manageable monthly instalments. Self Assessment customers can use self-serve Time to Pay on GOV.UK if they have filed their tax return for the 2021 to 2022 tax year; owe less than £30,000 and can pay in full within 12 months.

    Latest

    NP Group donates £1,800 to Darwen community groups

    Nisa retailer NP Group has donated £1,800 to three...

    Nestle sales slump on weak North America demand

    Swiss food giant Nestle posted slimmer sales for the...

    Biona condiments range heats up with two new mustards

    Organic food supplier Biona is introducing two new high-quality...

    Florette partners Jet2 Holidays and Megan McKenna in fresh promo

    Salad brand Florette is aiming for the skies this...

    Don't miss

    NP Group donates £1,800 to Darwen community groups

    Nisa retailer NP Group has donated £1,800 to three...

    Nestle sales slump on weak North America demand

    Swiss food giant Nestle posted slimmer sales for the...

    Biona condiments range heats up with two new mustards

    Organic food supplier Biona is introducing two new high-quality...

    Florette partners Jet2 Holidays and Megan McKenna in fresh promo

    Salad brand Florette is aiming for the skies this...

    Carbonated drinks brand, TRIP, launches functional mushroom and adaptogen range

    Soft drinks brand TRP has launched a new range,...

    NP Group donates £1,800 to Darwen community groups

    Nisa retailer NP Group has donated £1,800 to three local causes through the symbol group’s Making a Difference Locally (MADL) charity initiative. Three donations of...

    Nestle sales slump on weak North America demand

    Swiss food giant Nestle posted slimmer sales for the first quarter on Thursday, weighed down by weak consumer demand in North America and a...

    57% of businesses expect to never be fully cashless

    Cash is here to stay, with nearly 6-in-10 businesses (57 per cent) expecting to never be entirely cashless despite the widespread adoption of electronic,...