Tax & Accounting News

Climbdown on tax return deadlines

15/07/2006

Following widespread criticism, Lord Carter has revised his original proposals to bring forward the deadline for filing self assessment returns.

He had initially recommended that the deadline should be changed from 31 January to 30 September (or 30 November, if filed by internet), but the tax profession and many others pointed out that this would be impractical and unsatisfactory for several reasons.

The revised recommendation, which has been accepted by HM Revenue and Customs, is that the deadline should remain 31 January for returns which are filed by internet, with the deadline for paper returns being brought forward to 31 October. The change is due to take effect for the 2007/08 tax year, for which the deadline will be 31 October 2008 (paper return) or 31 January 2009 (filing by internet).

 

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