Not everyone's cup of tea on Christmas Day but look what 3275 were up to then...
A DAY associated by millions with opening presents, slumping in front of the TV and stuffing faces with festive fare was an altogether more taxing affair for a dedicated band of people this year, stats released today reveal.
As millions of people enjoyed Christmas festivities, for 3275, Christmas Day was the perfect time to – wait for it – file a Self-Assessment tax return.
HM Revenue and Customs (HMRC) says a total of 22,060 customers went online to submit their form for the 2021 to 2022 tax year between December 24 and 26 – and 141 opted to file between 11pm and 11.59pm on Christmas eve, presumably so they could enjoy celebrations knowing the deed was done.
The breakdown of figures for those who opted to file during the festive period are:
- Christmas Eve: 8,474 tax returns were filed. The peak time for filing was between 11:00 and 11:59, when 888 returns were received.
- Christmas Day: 3275 tax returns were filed. The peak time for filing was between noon and 12:59pm when 319 returns were received.
- Boxing Day: 10,311 tax returns were filed. The peak time for filing was between noon and 12:59pm, when 953 returns were received.
The deadline to file and pay any tax owed for the 2021 to 2022 tax year is January 31, 2023, and HMRC is urging customers to submit their tax return on time or they may face a penalty.
Myrtle Lloyd, HMRC’s Director General for Customer Services, said: “We are grateful to those customers who have already filed their tax returns. For anyone who is yet to make a start, help is available on GOV.UK, just search ‘Self Assessment’ to find out more.”
Once customers complete their tax return, if they owe tax, they can find out about the different ways to pay including via the HMRC app at GOV.UK.
Those who are unable to pay their tax bill in full can access support and advice on GOV.UK. HMRC may be able to help by arranging an affordable payment plan, known as Time to Pay. Customers should try to do this online; go to GOV.UK for more information. Alternatively, they can contact the helpline.
HMRC has a wide range of resources to help customers complete their tax return, including guidance, webinars and YouTube videos.
People need to be aware of the risk of falling victim to scams and must never share their login details which can be used to make fraudulent claims. Check HMRC scams advice on GOV.UK.
Need some help?
- HMRC’s digital assistant - the assistant will help you find information, and if you can’t what you’re looking for you can ask to speak to an adviser.
- Guidance notes and help sheets and YouTube videos provide a wealth of information if you’re stuck or confused.
- Live webinars where you can ask questions or if you can’t join, you can watch recorded webinars on demand.
- HMRC app and Personal Tax Account - you can instantly find your Unique Taxpayer Reference, make a Self Assessment payment, get your National Insurance number and get your employment income and history for your tax return.
Useful to know
HMRC "will treat those with genuine excuses leniently, as it focuses on those who persistently fail to complete their tax returns and deliberate tax evaders". Customers who provide HMRC with a reasonable excuse before the 31 January deadline can avoid a penalty after this date. The penalties for late tax returns are:
- an initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time
- after 3 months, additional daily penalties of £10 per day, up to a maximum of £900
- after 6 months, a further penalty of 5% of the tax due or £300, whichever is greater
- after 12 months, another 5% or £300 charge, whichever is greater
There are also additional penalties for paying late of 5 per cent of the tax unpaid at 30 days, 6 months and 12 months.
Customers should include their bank account details when filing, so that if HMRC needs to make a repayment, they can do so quickly and securely.
