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Deadline-looming

Are you a Londoner???

Around one in nine (11%) of the 560,000 people in Inner London who had to send in a tax return last year didn’t do so by the relevant deadline – 31 October for paper returns and 31 January for online submissions.

The one million taxpayers in Outer London were more punctual, with one in 11 (9%) failing to meet the deadline, but they were still the second worst offenders. The tardiest taxpayers outside of London were in the North West of England, with 8% of their 890,000 returns failing to meet the deadline.

Taxpayers in the rest of the English regions fared better. The most punctual were in the South West, with only 6% of their one million tax returns arriving late. The other English regions, as well as Wales, Scotland and Northern Ireland, all registered 7% of late tax returns, which was the UK national average.

HM Revenue and Custom’s (HMRC) Director General of Personal Tax, Ruth Owen, said:

“Whether you’re from London, Livingston, Lisburn or Llandudno, the consequences of missing the tax return deadline are the same – an automatic £100 late-filing penalty.

The longer you delay, the more you have to pay. So if you still have to send us your tax return, take action now.”

Anyone with an outstanding 2013 tax return must send it online, and pay any tax they owe, by 31 January 2014.

If you would like to find out more please contact us.

Read More : https://www.gov.uk/government/news/maybe-its-because-im-a-londoner%E2%80%A6that-i-leave-tax-so-late

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