The UK HMRC issued a press release on 23 October 2024 reminding individual taxpayers of the imminent deadlines for self-assessment tax returns for the 2023-2024 tax year.
The deadline for online submissions for tax returns for the 2023 to 2024 tax year are 31 October 2024 for paper returns and 31 January 2025 for online returns.
More than 3.5 million have already beaten the clock and submitted their returns. HMRC is reminding others that starting their self-assessment early means they are more likely to complete an accurate tax return, avoid any last-minute panic plus, they will know what they owe sooner and can budget.
More than 12 million people need to file a tax return for the 2023 to 2024 tax year and pay any tax owed by the 31 January 2025 deadline.
Customers who are unsure if they need to file a tax return can visit GOV.UK to check if they need to send a Self Assessment tax return.
Anyone new to Self Assessment needs to register to receive their Unique Taxpayer Reference before they can send a tax return for the 2023 to 2024 tax year.
People who no longer need to file a tax return should tell HMRC as soon as possible to avoid penalties. HMRC has produced two videos explaining how customers can go online and stop Self-assessment if they are self-employed and those who are not self-employed.
HMRC recommends that anyone who regularly sells goods or provides a service through an online platform find out more about selling online and paying taxes. The information on GOV.UK will help them decide if their activity should be treated as a trade and if they need to complete a Self-Assessment tax return.
