Self assessment tax return deadline just hours away!
If you are even just a little like me, you might find today gives a little unfamiliar feeling. That you should be doing something that just might be important. Only, you can’t quite put your finger on what that something is. That is, until it suddenly hits you like a hurricane! SELF ASSESSMENT TAX RETURN DEADLINE JUST HOURS AWAY!
Every year, I find myself doing my self assessment on the last day and every time I vouch to get it done earlier next time. This time I really mean it. Next year is going to be different………….
The good news is I am not alone. There are millions of us out there. The bad news is we only have until 11.59pm tonight (Wednesday 31 January 2024) to hand over the goods to HMRC.
Just to be clear, we are talking about the tax return for 2022/2023 here. The one that ended on the 5th of April last year.
By getting it done in the next few hours, you’ll save yourself a minimum of £100 and 7.75% interest on any late payments.
And by the way, just in case you haven’t received the memo. Expats and non residents that earn money in the UK aren’t exempt. Typically if you fall into one of the following groups you may need to pay tax:
- UK company director
- Some or all of your work is done in the UK
- You let property out and so receive rental income
- You sold something for more than you bought it for (for example a house)
If you think you might just fall into one of those groups, then don’t worry. You’ve still got time to get your tax return filed.
Even if you haven’t yet signed up with an online platform. There are plenty of them about that will let you sign up today and file your tax return in next to no time. (We like GoSimpleTax).
All you need to do is stop whatever you are doing and get get it done NOW!
No pressure!
