Just a few days before the usual self-assessment deadline, the 11th-hour move by HMRC to extend this by one month to the 28 February is thought to benefit more than 3 million people who have yet to file their return during pandemic.
HMRC expects more than 12.1 million people to complete a Self Assessment tax return. Figures released earlier this month revealed that 55% of customers have already filed their returns, with more than 6.2 million choosing to submit online (93% of all returns filed).
As many of us find ourselves rushing to dig out receipts and reconcile invoices, it may be comforting to know that you are not alone in leaving your return to the last minute. HMRC has issued a press release sharing some little known facts about self-assessment.
HMRC’s seven self-assessment facts are:
For anyone who is yet to file their self-assessment return, HMRC does offer help and support, including videos and webinars, or please contact your Finura adviser for assistance.
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