HMRC issues reminder for October deadline

Date: 30th September 2010

A number of UK taxpayers could be encouraged to consult a specialist accountancy service like TaxAssist after HM Revenue & Customs (HMRC) issued a warning over this month's tax return deadline.

The department has issued a reminder that the deadline for self-assessment tax returns fall at midnight on the 31st of this month and those who submit their returns after that time will be subject to a £100 penalty charge.

HMRC also moved to encourage the use of its online filing facilities and outlined the benefits it can bring to individuals.

"If you normally file on paper, you could also file your return online instead. It's simple to file your return electronically - three quarters of self assessment filers already do it - and you get three months longer to file," the department said.

"Online filing has other advantages too: your tax is calculated automatically; you get an immediate online acknowledgement once you've filed; and it's processed faster, so any money you're owed is repaid more quickly."

Posted by Emily Smith