Contributed by MJB Avanti
11/12/2019 - MJB Avanti
Festive cheer is everywhere, but Avanti warn not to get carried away and fall foul of HMRC by failing to submit your tax return on time. The deadline in 2019 saw 700,000 self-assessment taxpayers fail to submit on time, and receive an automatic penalty.
January 2019 saw Avanti file all clients tax returns On Time, Online, No Fine for the 19th consecutive year, and Victoria Sharp, Avanti MD is relishing the prospect of making it 20 years on the 31st January 2020 – a huge achievement and testament to the proactive approach of Victoria and her team in supporting their clients.
Victoria explains, “It is estimated that 52% of eligible taxpayers have already submitted their tax return for the year end 2019, they can now relax with a mulled wine and mince pie. However this does mean that 48% of people are yet to file, and if you are one of these, we want to hear from you.”
Trends are showing us that last minute is bizarrely in vogue, it seems the vast majority are strangely attracted to the jeopardy of deadline day with the final return being submitted on deadline day in 2019 at 23:59:43 – a matter of seconds away from an automatic £100 penalty.
Mel Stride, Financial Secretary to the Treasury warns… “It is encouraging that around 52% of taxpayers have already completed their Self-Assessment tax returns. With less than one month to go before the deadline, there are still many people that need to act now.”
Save yourself the stress of rushing and submitting an incorrect return, or worse still, missing the deadline, by contacting Avanti for friendly, proactive, tax advice.
In January, you can get your tax return done while you wait with a coffee and cake on us at The Stables Café, Brightwell Barns. A warm welcome awaits you from owner Carole North where you can enjoy a homemade speciality cake along with an artisan coffee, while the tax experts at Avanti can help you to file Online, On time, No fine!
Don’t start your new year with a penalty from HMRC, instead call Avanti for details of their Tax Return While You Wait Service (08000) 388 799 available January 2020, Ts &Cs apply.
Avanti, modern accountants with traditional values.
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