With New Year’s Eve approaching, the countdown has begun for 2017. It’s also unfortunately only a month until the tax return deadline.
January is often described as the Monday of months; and that’s hardly surprising, given it’s the time your tax return is due.
If you’ve found the whole process extremely stressful this year, you’re not alone- plenty of people not only find it hard to comprehend; they have too much paperwork to deal with after the busy Christmas period. 1 in 5 people make a mistake on the form that potentially costs them money, which is the last thing needed after the spend-fest of Christmas.
That’s over 2 million people not getting the full rewards for their hard work.
Lots of people struggle with self-assessment every year.
Another fact from the HMRC is that over 10 million people need to fill in self-assessment tax forms. Older people were reported to return their tax return sooner, with those aged 65 or over less likely to miss that deadline.
If your self-assessment form is beginning to feel like an overdue piece of homework, you’re certainly not alone.
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