If you are, then keep reading…
From today, you have less than a week to submit paper tax returns for the 2020/21 tax year before the deadline on Sunday 31 October.
Those submitting online tax returns, you have 98 days!
For the 31 January 2021 deadline, over 10.7 million Self-Assessment taxpayers submitted tax returns – and 96 per cent of these did so online.
Why submit digitally?
Completing the tax returns online is by far the quickest method, and with less than 100 days to go until the deadline, it makes sense to opt for more time to do it.
When do I pay the tax?
Taxpayers are reminded they do not have to pay any owed tax until 31 January 2022, even if they submit their completed tax returns now.
If you are worried about paying your bill, access the necessary support by visiting GOV.UK.
Need help paying?
HM Revenue & Customs offers the following options:
Don’t risk the hefty fines and penalties, contact us today for help with tax returns!
Jim Botton – Pleasure Beach (Skegness)