The 300,000+ individuals who submit a paper Self Evaluation tax return have been reminded of the 31 October deadline.
Though digital submissions are way more frequent, authorities figures present that 304,000 individuals nonetheless filed paper Self Evaluation tax returns final yr, in contrast with 11.2 million submitted on-line.
The deadline for paper returns for the 2024/25 tax yr is that this Friday, 31 October. Should you submit a paper Self Evaluation tax return late, you’ll incur a £100 penalty. After three months, further every day fines of £10 apply, as much as a most of £900, with even larger penalties for longer delays.
Joe Phelan from cash.co.uk shared suggestions for individuals who use paper Self Evaluation tax returns:
- Don’t delay: The paper deadline is sooner than the digital one, and postal delays might have an effect on submission. HMRC should obtain your return by 31 October, so submit it properly upfront.
- Rigorously verify your figures: In contrast to the web portal, paper returns require guide calculations, growing the chance of errors. Collect all related monetary paperwork and double-check your entries.
- Preserve a transparent and organised paper path: Ship your return by recorded supply and retain proof of submission. This helps keep away from penalties and is legally required for not less than 22 months after the tax yr ends.
Phelan stated: “As Self Evaluation strikes more and more on-line, now would be the proper time to make October 31 your final paper submission. Getting conversant in the digital course of early can prevent time and stress later, and you’ll find steerage on the federal government web site.”
HMRC has ‘time to pay’ preparations for individuals who can’t pay their tax invoice in full.
The deadline for 2024/25 on-line Self Evaluation tax returns is 31 January 2026.
