Self Assessment Deadlines
The Self Assessment deadlines are fast approaching, and our taxperts have summarised the key dates to help you avoid any penalty charges.
- If you’re self-employed or a sole trader, not self-employed, or registering a partner or partnership who has not previously completed a tax return but need to report a liability for 2019/20, you must register with HMRC by 5th October 2020.
- The deadline for individuals who have previously submitted ‘paper’ self assessment tax returns is midnight on 31 October 2020.
Returns submitted after that date must be submitted electronically or they will incur a minimum penalty of £100. The penalty applies even when there is no tax to pay or the tax is paid on time.
If you would like to discuss your self assessment tax return, please email our EQ Taxperts or call your local office contact.
