Self Assessment Tax Returns Due This Friday

Ensure you avoid a penalty by filing on time

Self Assessment tax returns must be filed with HM Revenue & Customs (HMRC) by midnight on Friday 31 January 2014.

Late filing penalties

If your online tax return is late, you will have to pay a penalty. The penalty is £100. You will still have to pay this even if:

  • your tax return is just a day late
  • you have no tax to pay
  • you pay all the tax you owe before 31 January 2014

The longer you delay, the more you’ll have to pay. There are additional penalties when your tax return is three, six and twelve months late. Together these could add up to a penalty of £1,600 or more, so make sure you get your tax return in on time.

You can read more about sending your Self Assessment tax return on the HMRC website.