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!
“Richard Anthony case study – Terry Lewis – Jaques Samuel Pianos Widely considered to be London’s leading piano retailer, Jaques Samuel Pianos has grown considerably from its humble beginnings in the front room of Mr Samuel’s home in Notting Hill. They are now internationally recognised and have provided pianos for high-profile clients like Queen and […]”
Terry Lewis – Jaques Samuel Pianos
“Richard Anthony: ‘a super-star firm’ MT Finance is a property finance lender, specialising in bridging loans and auction finance. They assist numerous property professionals, business owners, and individuals with their finance requirements and specialise in short-term asset-based lending. Founder and Director, Tomer Aboody, knew that as an asset-based lender, the business would require an expert […]”
Tomer Aboody – MT Finance
“A family fairground success story The Botton family have been running a traditional fairground, arcade and amusement park in the heart of Skegness since taking over the Pleasure Beach in 1965. Jim, the Director of the company, took over from his father and now heads day-to-day activities and administration. He said: “The Pleasure Beach is […]”
Jim Botton – Pleasure Beach (Skegness)