PERSONAL TAX RETURN

Deadline For PERSONAL TAX RETURN 2015/16

The deadline to submit the self-assessment tax return for 2015/16 is approaching soon.

You must submit your return and pay any tax due by the deadline of 31st January 2017.

The self-assessment tax return should cover all income and expenses for the year started on 6 April 2015 and ended on 5 April 2016.

The deadline for this filing can be seen from different perspectives and is shown as follows;

  • Register for Self-Assessment Tax Return and UTR                                 5th October 2016
  • Paper tax return filing 2015/16                                                 Midnight 31st October 2016
  • Online tax returns 2015/16                                                        Midnight 31st January 2017
  • Pay the tax you owe for 2015/16                                               Midnight 31st January 2017

In addition to above you will also need to make an advance payment towards your future tax bill of 2016/17 (known as ‘payments on account’), payable in two parts, 31st July 2016 and 31st January 2017.

HMRC charge you a penalty if you’re late in submission and paying your tax bill. You can however appeal against a penalty if you have a reasonable excuse.

It may be possible that you get a different deadline for the submission of your tax return.

If you are employee and paying your taxes through your employer but you have a requirement to submit the tax return, you must submit your online return by 30th December if you want HMRC to automatically collect tax you owe from your wages and pension.

automatically collect tax you owe from your wages and pension.

For further details please visit our Personal Tax page in the Taxation Services.

Earlier tax returns 2014/15, and earlier tax years

The Self-Assessment deadline for earlier tax years has lapsed.

If you still have not registered or filed your tax return for earlier years then contact us as soon as possible and we’ll help you to make this happen.

Please note that the HMRC has a severe system of charging you with penalties. We can also assist in mitigating these penalties.

Send your tax return or payment as soon as possible – you’ll have to pay a penalty.Individuals need to register with HMRC before they can receive or file a tax return. HMRC will then issue the individual a ten digit UTR (Unique Taxpayer Reference) number which can then be used to submit a tax return.