Set a reminder..your tax return is due by 31 January.

With the summer behind us, and the arrival of autumn’s shorter days, we’ve started thinking and planning ahead.

Christmas is on the horizon and so also, inevitably, is the 31 January midnight deadline for filing your online Self Assessment tax return for the tax year ending 5 April 2017.

It’s important to understand that submitting your tax return late could cost you much more than failing to pay on time, so don’t miss the deadline for filing.  A late tax return usually means an immediate fine of £100, and then subsequent penalties if you continue to delay. If you pay your tax bill late, you’ll be charged interest on the amount you owe.

If your Tax return is currently outstanding and you would like to know what you owe HMRC by 31 January, in advance of the Christmas season, please get in touch with us at Frost Wiltshire and we’d be delighted to meet you and discuss your requirements.