Paper filing self-assessment tax date looms

DeadlineTaxpayers are being reminded that the date for submitting a paper self-assessment tax return is imminent.

The cut-off point for paper returns is 31 October.

Last year, some 2,467,000 people submitted self-assessment tax returns in paper format.

Of those, 2,143,000 (87 per cent) managed to meet the deadline. Late returns could mean a £100 penalty.

However, HM Revenue and Customs (HMRC) is encouraging taxpayers to consider online filing.

Stephen Banyard, director of HMRC’s business customer unit, said: “The other option would be to file online – three quarters of self assessment filers already do so – where you get three months longer to file.

“Online filing has other advantages too: your tax is calculated automatically; you get an immediate online acknowledgement once you’ve filed; and it’s processed faster, so any money you’re owed is repaid more quickly. So, it is really worth considering.”

Further help on self assessment is available at www.hmrc.gov.uk/sa or by calling the helpline on 0845 900 0444.

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2 Responses to Paper filing self-assessment tax date looms

  1. jerry smith says:

    Every state has different tax forms that you must complete before the tax deadline. There are many different software programs such as Online IRS Tax Filing that offer all of the necessary forms you may need to file a return for the states you have worked or resided in. Each state has different taxes and different names for each of these so it is very important to find the right forms that you need to fill out.

  2. Ian Merkel says:

    Jerry
    Thank you very much for your comments.
    We only cover the UK and our bloggs are aimed at the UK only

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