HMRC breaks online filing record
Paper submissions continue to decline as online filing triumphs
Paper submissions continue to decline as online filing triumphs
HMRC received
over 6m self assessment forms online by the deadline this week.
The latest figures beat the previous record of 5.7m documents filed online
last year by the 31 January submission date.
A total of 9.5m forms were sent out with online filing representing just
fewer than three quarters of all returns recieved, an increase of 12% on last
years’ figure.
Financial Secretary to the Treasury, Rt Hon Stephen Timms MP, said: “More
people than ever before are now filing their tax returns online. It’s easier,
quicker and HMRC processes your return faster, so any money you’re owed is
repaid more quickly.”
The deadline for paper the paper self-assessment deadline was 31 October
2009.
Further reading:
Self
assessment deadline looms
HMRC
undergoing maintenance as deadline looms
More about:
The numbers you crunch tell a story. Your expertis...
14yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleAccountants with contractor clients must take practical steps in an attempt to fly under HMRC’s radar Read More...
View articleAre taxpayers aware of their self-assessment obligations before they come to you? In a consultation due to close shortly, HMRC is looking at whether t...
View articleWith just a matter of days to go, tax advisers offer a reminder of the applicable penalties and how to avoid them Read More...
View articleATT technical officer, Emma Rawson, takes a look at HMRC’s new call for evidence which explores potential reforms to how and when individuals with pro...
View articleTax managers warn of complexities in HMRC’s WFH tax allowances Read More...
View articleHMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...
View articleLast year, HMRC imposed a record £860m in penalties on individual taxpayers, up 24% from £694m in 2017/18, according to accounting group UHY Hacker Yo...
View article