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Don't forget to file your self assessment tax return before the deadline

29 Dec 2016

The deadline for submitting the 2015/16 self assessment tax return online is looming.

Online returns must be filed by midnight on 31 January 2017. Tax returns submitted up to three months after this deadline will be subject to a £100 late filing penalty, even if there is no tax to pay.

Individuals who file their return even later will be required to pay a significantly higher charge.

Last year saw a record number of taxpayers submit their tax returns during the festive period, with over 2,000 individuals choosing to complete their tax return on Christmas Day and 5,402 filing their returns on Boxing Day.

Meanwhile, 24,546 individuals filed their returns on New Year's Eve.

We have the expertise required to assist you with a variety of tax planning issues, including preparing your self assessment tax return on your behalf. Please contact us for more information.