Self assessment deadline approaching

The deadline for submitting your 2017/18 self assessment return is 31 January 2019. The deadline applies to taxpayers who need to complete a tax return and make direct payments to HMRC in respect of their income tax, Classes 2 and 4 National Insurance Contributions (NIC), capital gains tax and High Income Child Benefit Charge liabilities. 

There is a penalty of £100 if a taxpayer's return is not submitted on time, even if there is no tax due or the return shows that they are due a tax refund.

The balance of any outstanding income tax, Classes 2 and 4 NIC, capital gains tax and High Income Child Benefit Charge for the year ended 5th April 2018 is also due for payment by 31 January 2019. Where the payment is made late interest will be charged.

The first payment on account for 2018/19 in respect of income tax and any Class 4 NIC or High Income Child Benefit Charge is also due for payment by 31st January 2019.

HMRC revealed that more than 2,600 taxpayers filed their return on Christmas Day. If you would like help with your return or agreeing your tax liability please contact us.

Internet links: GOV.UK self assessment GOV.UK press release

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About us

PPK Accountants Limited was established in 2001

We continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike...

Contact details

0118 979 8888

PPK Accountants Limited, Sandhurst House, 297 Yorktown Road, Sandhurst, Berkshire GU47 0QA

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Company registration number 04400644. Registered in England at the above address. ACCA reference number 8010727.
Registered as auditors in the United Kingdom by the Association of Chartered Certified Accountants.
Director: James Brooks FCCA MAAT