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HMRC is reminding Self Assessment taxpayers that they have 100 days left to file their returns pay any tax owed before the 31st January deadline.
So far, over 3.5 million people have already submitted their Self Assessment returns. Starting Self Assessment early means taxpayers are more likely to complete an accurate return and can avoid last-minute panic about what they owe and can budget for payments sooner, HMRC advises.
Myrtle Lloyd, HMRC’s Director General for Customer Services, said:
“The countdown to the Self Assessment deadline has begun but there is still time to thoroughly prepare and file an accurate tax return by 31 January. You can access online help and support to help you file. Search ‘help with Self Assessment’ on GOV.UK to find out more.“
More than 12 million people are expected to need to file a tax return for the 2023 to 2024 tax year and pay any tax owed by the 31 January 2025 deadline.
HMRC has produced a series of YouTube videos to help people complete their return and a step-by-step guide to check what customers need to do to file their first tax return.??
Customers who are unsure if they need to file a tax return can visit GOV.UK to check if they need to send a Self Assessment tax return.?
Anyone who is new to Self Assessment needs to register to receive their Unique Taxpayer Reference before they can send a tax return for the 2023 to 2024 tax year.