Self assessment deadline looms
Record numbers of returns expected online
HM Revenue & Customs is warning self assessed tax payers that they must
move quickly if they want to avoid a £100 penalty charge.
Tax payers now have until 31 January to file their returns online, the
deadline for paper returns having passed on 31 October.
A record number of taxpayers, around 5.8 million, are expected to file
online.
The deadline falls on a Sunday but there is no indication that HMRC will show
leniency for returns that arrive late on 1 February.
The anticipated record numbers of online filers have also prompted some tax
experts to warn that HMRC’s systems might crash due to increased traffic so
taxpayers should be preparing and filing well ahead of the deadline.
Read more:
Taxpayers
urged to submit early