Deadline looms for help with self-assessment forms
Less than a week to avoid doing sums yourself
Taxpayers filing self assessment tax returns that want HM Revenue &
Customs’ help in calculating their tax bill, have until Saturday to file their
If they miss the 30 September deadline, they have until 31 January to do so
without penalty, but will have to calculate their tax bill themselves.
Last year many taxpayers got their final tax bill wrong, leading to
overpayments of £319m.
According to The Scotsman, the majority of errors are made by those
who choose not to accept official help from HMRC in calculating how much they
owe and who left filing their return to the last minute.
Late payment after 31 January 2007 will result in a £100 fine.