Self assessment tax return, knowing the deadlines is very important. The main deadline for submitting your online tax return is January 31st, which marks the end of the tax year for many individuals and businesses. Missing this deadline can result in penalties and extra charges, so it's important to stay organised.
To begin the process, you’ll need to self assessment tax return login to your HMRC account. This will allow you to submit your return and manage your tax information online. Being aware of when to file your self assessment tax return helps you avoid last-minute stress and ensures you meet all requirements set by HMRC.
In this blog, we will discuss key deadlines, the consequences of missing them, and tips to help you stay on track. Understanding these dates will make handling your self assessment much easier.
The self assessment tax return deadline is a date for anyone required to file a tax return in the UK. For most taxpayers, the deadline for submitting your self assessment form online is January 31st following the end of the tax year on April 5th. For example, for the tax year ending on April 5, 2024, you must submit your online return by January 31, 2025.
If you prefer to submit a paper tax return, the deadline is earlier, October 31st of the same year. This means that if you are filing a paper self assessment form for the 2023-2024 tax year, it must be submitted by October 31, 2024.
In addition to these submission deadlines, it’s important to remember that any tax owed must also be paid by January 31st. If you miss these deadlines, you may face penalties and interest charges from HMRC.
To avoid any last-minute rush or complications, it’s good to start preparing your self assessment tax return log in well in advance. Keeping track of these dates will help ensure that you meet your responsibilities and avoid unnecessary stress as the deadlines approach.
Dates of Self Assessment deadline |
Date |
Details |
Deadline for Registering with HMRC |
October 5th 2024 |
If you are new to self assessment, you must register with HMRC by this date to file your return. |
Deadline for Submitting Paper Returns |
October 31st 2024 |
If you choose to submit a paper tax return, it must be sent to HMRC by this date. |
Deadline for Submitting Online Returns |
January 31st 2025 |
For online submissions, ensure your self assessment tax return is filed by this date to avoid penalties. |
Understanding Self Assessment Login:
The self assessment tax return login is important for managing your tax affairs online with HMRC.
Creating an HMRC Online Account:
To access the self assessment services, you first need to create an HMRC online account. Visit the HMRC website and follow the registration instructions.
Logging In:
Once registered, the Self Assessment Tax Return Login is straightforward. Go to the HMRC website and enter your user ID and password. You may also need additional security information, such as a code sent to your mobile.
Accessing Self Assessment Services:
After logging in, you can complete and submit your self assessment tax return, check your payment history, and update personal details.
Troubleshooting Login Issues:
If you encounter problems logging in, HMRC provides support options to help you regain access to your account.
PHS Accountants simplify the self assessment tax return process for small business owners, freelancers, and landlords. From registration to submission, we provide personalised support that helps you navigate complex tax laws effortlessly. With our expertise, we ensure that your self assessment tax returns are filed on time, allowing you to focus on running your business while we handle your tax responsibilities.
We offer ongoing guidance on minimising your tax liability, helping you make informed business and investment decisions. Contact us by phone at 0208 8611685 or by email at info@phs-uk.co.ukn if you need accountants to file self-assessment tax returns.