New high for Christmas Day tax returns

New high for Christmas Day tax returns

The number of tax returns over the Christmas period rises again

THE NUMBER OF TAX RETURNS submitted on Christmas Day again hit a record high, with a 1% rise on 2012.

In all, HM Revenue & Customs received 1,566 online returns on Christmas, up from 1,548 the year before.

The busiest day over the festive period, however, was Christmas Eve, when 17,000 individuals booted up their computers, got their financial information together and sent an online tax return; a 19% leap on the 14,330 in 2012.

Boxing Day saw a further 4,493 people send their returns – a 4%fall from the 4,685 received last year.

In total, 23,059 online returns were received over the three-day period, a 12% increase on the 2012 total of 20,563.

As far as submissions over New Year are concerned, 26,905 returns filed New Year’s eve and 12,938 filed New Year’s Day.

The deadline for sending 2012/13 tax returns to HMRC, and paying any tax owed, is 31 January 2014.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In 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 resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource