More than 63,500 file Self Assessment on first day of tax year | Newry Times

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editor@newrytimes.com
Friday, May 28th, 2021
Business

More than 63,500 customers filed their 2020/21 tax return online on 6 April, HM Revenue and Customs (HMRC) has revealed.

 

More than 63,500 file Self Assessment on first day of tax year - Newry Times - newry newspaper online

 

And with almost 950,000 online Self Assessment returns received so far this tax year, HMRC is urging others to do the same and file their tax returns early.

 

 

Each year, thousands of people choose to file early, as soon as one tax year ends and the new one starts.

HMRC has seen a growing trend in early filers.

In the last five tax years, the number of customers choosing to file on the first day of the new tax year has almost trebled from 22,885 in 2017 to 63,521 in 2021.

HMRC has published information to help customers file early – how to do it, what the benefits are, and what they need to get started.

 

Web content writer Belfast - Northern Ireland freelance copywriter Paul Malone - Tall Paul Marketing

 

Myrtle Lloyd, HMRC’s Director General for Customer Services, said, “There are many advantages to completing your Self Assessment tax return sooner rather than later, not least that if you’re due tax refund you’ll get the money within a few days. 

“Our new online guide helps answer many of the questions customers have about Self Assessment.

“Go to GOV.UK and search ‘file your tax return early’.”

The Self Assessment guide will help customers navigate through the tax return process.

 

 

Customers do not need to wait to submit their Self Assessment, they can file at a time that suits them and avoid any last-minute rush to meet the deadline on 31 January 2022.

It includes helpful information on:

• How to get help with your tax return

• What to do when declaring furlough payments, Self-employed Income Support Scheme grants or other COVID-19 support measures

• What information you need before you can start your tax return

• Help with paying your bill, and

• What to do if you have paid too much tax

 

 

HMRC recognises that the pandemic has been a worrying time for Self Assessment customers and is doing all it can to support them accurately file their tax returns and meet their obligations.

In addition to the factsheet, guidance and help sheets are available on GOV.UK.

Customers should also be aware of copycat HMRC websites and phishing scams.

They should search ‘self-assessment’ on GOV.UK to get the correct link for their Self Assessment tax return online securely and free of charge.

They also need to be alert if someone calls, emails or texts claiming to be from HMRC, asking for bank or other personal details, threatening arrest or demanding a money transfer.

 

 

It might be a scam.

Anyone who is unsure can use the checklist on GOV.UK to help them decide if the contact they received is a scam.

 

Keep up to date with all the latest Northern Ireland Coronavirus / Covid-19 news HERE.

 

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