Self assessment deadline only three weeks away

10 Jan 2020

The deadline for submitting your 2018/19 self assessment tax return is just 21 days away.

Taxpayers must file their tax return by midnight on 31 January 2020. The only exception to this is if you received a notice from HMRC to make an online tax return after 31 October 2019. In this case, you have three months from the date of issue to submit your return.

More than 11 million tax returns are due by the end of January. Over 54% of taxpayers have already filed, with almost 90% completing an online return.

Those who are late in submitting their return face a penalty of £100, even if there is no tax to pay, or if the tax has been paid on time. Additional penalties are due for continued late payments and late filing.

Last year, 735,258 taxpayers filed their returns on 31 January and 731,186 taxpayers missed the deadline completely.

Angela MacDonald, HMRC's Director General for Customer Services, said: 'The self assessment deadline on 31 January is fast approaching, so customers have under a month left to file their tax returns online to avoid any unnecessary penalties. Any tax due is also payable by 31 January.'

We can help with all aspects of self assessment, including filing returns on your behalf. Please contact us.

Southampton Office

12-14 Carlton Place
Southampton
Hampshire
SO15 2EA

Tel: 02380 234 222

Winchester Office

6 Charlecote Mews
Staple Gardens
Winchester
SO23 8SR

Tel: 01962 842000

Reading Office

3 Richfield Place
Richfield Avenue
Reading, Berkshire
RG1 8EQ

Tel: 0118 9511 115

London Office

90 Long Acre
Covent Garden
London
WC2E 9RZ

Tel: 0203 470 0777