LONDON: A million taxpayers who need to submit a self-assessment tax return must do so by midnight January, 31. Those who fail to meet the deadline for online returns risk incurring a £100 fine. A record 11 million people are required by their tax arrangements to submit a return. Most now do so online and as that can be done from a computer at home; many leave it until the last moment.
Last year 700,000 missed the deadline, though Revenue and Customs accepted some excuses such as a death in the family, serious illness or flooding.
Recent analysis by HMRC suggested that women were more likely to submit their tax returns on time than men. For every 10,000 tax returns received last year from men, 394 were after the relevant deadlines, compared with 358 late returns from every 10,000 submitted by women.
