Moira's plea hits home on Christmas Day!
At various stages in my working life I have been regarded by non-tax colleagues as one of those "sad" people who actually enjoys tax. People, who level this accusation at me, are absolutely right. Why else would I have chosen it as a career? However, even my enthusiasm for taxation, does not extend me filing my tax return online on Christmas Day!
We are however, reliably informed that no less than 640 people interrupted their Christmas festivities to complete their online filing.
HMRC must be delighted that Moira Stuart's plea to us all to file our tax returns on time online has had such an impact on some taxpayers.
On a slightly more serious note, tax returns can now only be filed online - the deadline has long since passed for filing paper returns (31 October). Your online return must be filed and any tax due paid by 31 January - or you risk a penalty - so DO IT NOW!
What is just as important in the current Credit Crunch is, that if any tax due is not paid by 28 February, then as well as ordinary interest on overdue tax, a surcharge of 5% will be payable!
It is somewhat ironic, that the 5% surcharge was originally introduced to discourage taxpayers from using HMRC as a bank!
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