Self-assessment tax returns – have you completed yours?

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As Halloween quickly approaches, most people may be worried about ghosts and ghouls, realistically individuals should be more concerned about submitting their paper self-assessment tax return.

The deadline for submission of this year’s annual paper tax return is midnight on 31 October and businesses and individuals who use this method must submit their return and all supporting evidence to HM Revenue & Customs (HMRC).

Any paper returns submitted after this date could leave a taxpayer liable to fines or investigation from HMRC.

Those that miss the paper deadline will have a second chance to return their documents in the form of an online tax return in the new year, using their unique taxpayer reference (UTR) provided by HMRC.

For more information on how we can assist you with completing and submitting your self-assessment tax return, please contact us today.