Since 1927 the leading authority on tax law, practice and administration

Record number of returns filed on time

© Copyright LexisNexis 2024. All rights reserved.

10 February 2020

Issue: 4731 / Categories: News

A record 11,122,967 taxpayers completed their self-assessment tax returns by the 31 January deadline, HMRC has revealed. However, 11.7m returns were due so 958,296 (8.18%) remain outstanding.

HMRC received more than 702,171 taxpayers’ returns on 31 January. The peak hour for filing was between 4pm and 5pm when 56,969 were filed. Some 10.4m returns (93.95%) were filed online.

HMRC self-assessment guidance: tinyurl.com/hmrcsag

Issue: 4731 / Categories: News

READERS' FORUM premium icon

Readers forum: Claiming pre-registration input tax Practice tip: 19 December 2024 New Queries: 19 December 2024 Readers’ forum: Should I advise my client to declare income? Readers’ forum: Pension scheme set up as discretionary trust?

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries

Please email any questions you might have
to: taxation@lexisnexis.co.uk.

NEWS

Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged Business expenditure on R&D rises in 2023 HMRC targets landlords who may have undeclared rents Lump sums cannot be returned to pension scheme

Third slide

Deadline dates for January 2025

CASES

No extenuating circumstances to extend deadline Delay in issuing penalties was no excuse for late return Sales of occupation income avoidance rules apply Whole of settlement was not subject to tax Payments were taxable as earnings

MOST POPULAR

Readers forum: Claiming pre-registration input tax No extenuating circumstances to extend deadline This week's opinion: 19 December 2024 Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged

back to top icon