Record number of Self-Assessment tax returns filed by the deadline
HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline.
This equated to a record number of 11.5 million taxpayers submitting their 2017/18 tax returns by 11:59 pm on 31 January.
Statistics indicated that the peak hour for filing was 4 pm to 5 pm on the 31 January, where over 60,000 tax returns were filed.
In addition, more than 10.1 million (93.5 per cent of total filed) taxpayers submitted their returns online.
Nevertheless, 700,000 taxpayers failed to submit their tax returns on deadline day.
Mel Stride, Financial Secretary to the Treasury, said: “It is great to see so many people completing their Self-Assessment by the deadline. Their income tax contributions have helped towards funding the UK’s vital public services including hospitals, schools and the emergency services.”
HMRC’s Director General for Customer Services, Angela MacDonald, said: “Thank you to everyone who filed on time. This year, we had a record number of filers completing their tax returns by the deadline.”
Any taxpayer who has missed the deadline and needs expert advice or support, then please don’t hesitate to get in touch with us today.