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Tax deadline looms

Tax self-assessment deadline is iminent

The deadline for filing paper self assessment tax returns is just three weeks away. 

Consumers who submit a paper return, rather than sending their filing online, must ensure that HM Revenue and Customs receive their form by 31 October for the 2008-09 tax year. If they send an electronic return, taxpayers have until the end of January 2010. 

The self-employed and company directors must submit a self assessment form, or face a £100 fine.

Online returns

A recent Which? survey found that 54% of members who had filed their return had done so by post. The 46% who file online benefit from an intuitive programme, which calculates tax totals as the e-form is completed, making it easier for users to ascertain what they owe.

Consumers can use the Which? tax calculator to establish the size of their liability.

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