Act now if you missed today’s deadline for filing a paper self-assessment tax return
Taxpayers who missed today’s deadline for filing a paper self-assessment tax return have until January 31 to submit it online.
Experts warn that if you are paying online for the first time you must register in advance of the deadline.
This involves setting up a Government Gateway account which can take up to 20 working days to be finalised.
Experts warn that if you are paying your self-assessment tax return online for the first time you must register in advance of the deadline
First, you need to register to be sent a Unique Taxpayer Reference. Users completing a self-assessment tax return for the first time will need to generate one by filling in an SA1 form online at tax.service.gov.uk/shortforms /form/SA1.
You should receive the code in the post in ten working days. Once you have this, you can enrol at gateway.gov.uk.
Anyone unable to use the online service can still file a paper return but will face a £100 penalty.
Fail to pay and the fine rises. For example, taxpayers who still have an outstanding paper or online return six months after the January 31 deadline will have to pay an extra £300 or 5 per cent of the tax they owe, whichever is the greatest.
Help is available on gov.uk under the section ‘Register for and file self-assessment tax return’. There is also a self-assessment helpline, 0300 200 3310.