Self Assessment countdown begins

There are 100 days to go until the deadline for online tax returns on 31st January 2022. Last year, 96% of customers completed their tax return online.

HM Revenue and Customs (HMRC) is reminding Self Assessment filers that on Sunday 24th October, they have one week left to submit paper tax returns and 100 days to go for online tax returns.

The Self Assessment tax return deadlines for the 2020 to 2021 tax year are 31st October 2021 for paper returns and 31st January 2022 if completed online.

More than 10.7 million completed a tax return by 31st January 2021, 96% submitted it online which is the quickest method and with around 100 days to go, gives plenty of time to get it done.

Even completed tax returns are submitted now, they do not have to pay any tax owed until 31st January 2022. Anyone who is worried about how to pay their bill can access support on GOV.UK. Various payment options include:

  • paying through a customers’ tax code (PAYE customers only)
  • Payment on Account
  • setting up an online monthly payment plan (self-serve Time to Pay)
  • pay by debit or corporate credit card
  • pay at a bank or building society

Visit GOV.UK for a full list of payment options and the eligibility criteria. Customers should contact HMRC if they have concerns about paying their bill.

Myrtle Lloyd, HMRC’s Director General for Customer Services:

There are 100 days left to complete your tax return, but you don’t have to wait for the 31 January deadline. Why not do it now and get it out of the way? Visit GOV.UK and search ‘self assessment’ to find out more.

The 2020 to 2021 tax return covers earnings and payments during the pandemic. Filers will need to declare if they received any grants or payments from the COVID-19 support schemes up to 5th April 2021 on their Self Assessment, as these are taxable, including:

  • the Self-Employment Income Support Scheme (SEISS)
  • the Coronavirus Job Retention Scheme (CJRS)
  • other COVID-19 grants and support payments such as self-isolation payments, local authority grants and those for the Eat Out to Help Out scheme

The £500 one-off payment for working households receiving tax credits should not be reported in Self Assessment.

HMRC urges everyone to be alert if they are contacted out of the blue by someone asking for money or personal information. They are seeing high numbers of fraudsters emailing, calling or texting people claiming to be from the department. If in doubt, HMRC advises not to reply directly to anything suspicious, but to contact them straight away and to search GOV.UK for ‘HMRC scams’.

Further information

Find out more about Self Assessment.

Find out more about how to declare taxable COVID-19 support in your tax return if you are self-employed, in a partnership or run a business.

PAYadvice.UK 22/10/2021

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