News


Latest tax and financial business news

Self assessment deadline only three weeks away

10 Jan 2020

The deadline for submitting your 2018/19 self assessment tax return is just 21 days away.

Taxpayers must file their tax return by midnight on 31 January 2020. The only exception to this is if you received a notice from HMRC to make an online tax return after 31 October 2019. In this case, you have three months from the date of issue to submit your return.

More than 11 million tax returns are due by the end of January. Over 54% of taxpayers have already filed, with almost 90% completing an online return.

Those who are late in submitting their return face a penalty of £100, even if there is no tax to pay, or if the tax has been paid on time. Additional penalties are due for continued late payments and late filing.

Last year, 735,258 taxpayers filed their returns on 31 January and 731,186 taxpayers missed the deadline completely.

Angela MacDonald, HMRC's Director General for Customer Services, said: 'The self assessment deadline on 31 January is fast approaching, so customers have under a month left to file their tax returns online to avoid any unnecessary penalties. Any tax due is also payable by 31 January.'

We can help with all aspects of self assessment, including filing returns on your behalf. Please contact us.

OUR OFFICES

020 8582 0076

staff@pearlaccountants.com

pearl-accountants-london-covent-garden

ACCOUNTANTS LONDON

Ground Floor
90 Long Acre
Covent Garden
London
WC2E 9RZ

pearl-accountants-east-london

ACCOUNTANTS EAST LONDON

29th Floor
One Canada Square
Canary Wharf
London
E14 5DY

hounslow accountants offices

ACCOUNTANTS HOUNSLOW

Quest House
Ground Floor
125-135 Staines Road
Hounslow
TW3 3JB

Peral Accountants Kingston

ACCOUNTANTS KINGSTON

Causeway House
13 The Causeway
Teddington
Kingston
TW11 0JR

Peral Accountants Kingston

ACCOUNTANTS HARROW

Suite 618
Crown House
North Circular Road
Park Royal
NW10 7PN

Staines Offices

ACCOUNTANTS STAINES

Rourke House
Watermans Business Park
The Causeway
Staines
TW18 3BA

DOWNLOAD FREE E-BOOK

To make sure your business stays ahead of the competition, download our free e-book full of tips and advice from accounting and business related information.

 
Privacy Policy
Accountants London
Company Registration No. 07078392