UK workers have been told to act now as the deadline is fast approaching
The deadline for submitting a Self-Assessment tax return is looming - midnight on January 31st, 2025. Last year, it was reported that a staggering 1.1 million people missed the deadline for the previous tax year.
Joe Lytwyn, a personal finance expert at VivaMoney.co.uk, provides guidance on who needs to complete a self-assessment tax return, how to do it, and when to submit yours to avoid a £100 penalty. "If you’re still unsure as to whether you need to submit a return, you can use this handy tool on the Gov.uk website to help you."
When is the deadline to send my submission? Joe says: "The deadline for submitting a paper copy of your Self Assessment tax return was October 31, 2024. Those wishing to submit online have until January 31, 2025."
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