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Getting your tax return done is a numbers game

When it’s this late in January and you haven’t yet submitted your self-assessment tax return, it can feel like HMRC is breathing down your neck.  It’s not too late to get your figures to the taxman but you do need to be quick and thorough to avoid the automatic £100 fine. Remember; even if you don’t owe any tax at all you can still be fined for not submitting a return.

If you want to submit your self assessment online and you don’t have an accountant, you’ll need a Government Gateway Reference Number. Hopefully you have itfrom previous years but if not then you need to be very quick to get this in time for January 31st. You can apply for it here .

If you have an accountant then it’s much easier. You don’t need a Government Gateway number or any login details.  All you need is your Unique Tax Reference number (UTR), which is often shown on letters sent to you from HMRC. If you can’t find it, get on the phone to HMRC right now. They won’t tell you it over the phone so they’ll have to post it and that could cause you a delay of 10 days.

Finally, whether you have your reference numbers ready or not, don’t delay in gathering all your other accounting information and get it across to your accountant right away.


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