Tax Return Filing Advice

Deadline for sending a paper tax return to HMRC

The deadline for sending paper self assessment tax returns to HMRC for the last tax year (ending 5th April 2010) is 31st October 2010.
If you intend to file online you still have until 31st January 2011. However, if you are not registered with the HMRC online service you will need to do this first, so do not leave it until the last minute. Also, if you are not registered as self employed you will need to obtain a unique taxpayer reference number. This can take some time to be processed so do it now to avoid a late return and the subsequent fines and interest charges.

 

Ensure you do not pay too much tax

Of course, if you want to ensure you are claiming all available allowances and expenses in order to reduce your tax bill use a qualified accountant and tax expert. BUT - do it now and avoid the January rush. January is a very busy time for tax accountants so it is best to organise your affairs now otherwise you may find if difficult to find a reputable accountant who can do the work for you before the deadline. Or you may have to pay more for their services to guarantee your return is filed on time.