Are you prepared for the online Self Assessment tax return and payment deadline of midnight on Wednesday 31 January 2024?
HM Revenue and Customs (HMRC) is reminding Self Assessment customers that the countdown to complete their tax return has begun.
The deadline for filing your Self Assessment tax return online and paying the tax you owe for the 2022 to 2023 tax year is 11:59pm on Wednesday 31 January 2024.
The deadline for paper tax returns is 11:59pm on Tuesday 31 October 2023.
The benefit of filing early
You don’t need to wait until January to file your online Self Assessment tax return. HMRC is encouraging customers to complete their Self Assessment tax return as soon as they can, so they know what they owe and can budget to make the payment by 31 January 2024. This also means that if a repayment is due it can be claimed back sooner.
Support to pay your tax bill
Self Assessment customers can pay through the HMRC app. If customers cannot pay in full, HMRC wants to help them to find an affordable way for them to pay the tax they owe. If customers owe less than £30,000, they may be able to set up a Time to Pay arrangement. See HMRC’s guidance on the full list of ways to pay any tax owed.
No longer need to complete a tax return?
If anyone thinks they no longer need to complete a Self Assessment tax return for the 2022 to 2023 tax year, they should tell HMRC as soon as possible to avoid any penalties. HMRC has produced two videos explaining how customers can go online and stop Self Assessment if they are self-employed and those who are not self-employed:
- How to go online and stop Self Assessment if you’re self-employed
- How to go online and stop Self Assessment if you’re not self-employed
How to file your Self Assessment tax return
HMRC has updated its Self Assessment guide to help customers complete their tax returns. The guide contains helpful information including:
- what help and support is available when completing their Self Assessment
- what documents do they need before they start
- what earnings they need to declare including funds received through COVID support schemes
- help with paying their tax bill and what to do if they have overpaid and are due a refund
Help and support from HMRC
HMRC wants to help customers get their taxes right. There’s lots of information and support you can access online:
- HMRC’s digital assistant – the assistant will help you find information, and if you can’t find 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
- live webinars where you can ask questions or if you can’t join, you can watch recorded webinars on demand
- technical support for HMRC online services
- subscribe to HMRC email updates for the latest information on Self Assessment
- follow HMRC X (formerly Twitter) @HMRCcustomers to get the latest social media updates on Self Assessment services and useful reminders
- if you need extra support to help your with Self Assessment you can contact a voluntary or community sector organisation that can provide advice, or you can get support directly from HMRC