New update for millions of taxpayers ahead of crucial deadline this month

dailyrecord.co.uk:

HM Revenue and Customs (HMRC) is urging millions of people who need to file a Self Assessment tax return for the 2023/24 financial year that they can find the answers to most queries using the dedicated online portal at GOV.UK.

More than 12 million taxpayers are due to complete an online Self Assessment by the January 31, 2025 deadline. However, for those completing their tax return on paper, they need to have that submitted by October 31, 2024.

HMRC’s Self Assessment helpline and webchat services are available for those who need them, but there is lots of help available online.

Currently, the most common reason for speaking to an HMRC advisor is about coming out of Self Assessment. Customers don’t need to call HMRC and can instead visit GOV.UK to check if they need to send a Self Assessment tax return - if they no longer need to send one, they can use the online service to tell HMRC without the need to make a phone call.Myrtle Lloyd, HMRC’s Director General for Customer Services, said: “We want to help customers get their tax returns right first time which is why we have produced a wealth of online resources and guidance to support them every step of the way.”It’s important for anyone who is new to Self Assessment needs to register to receive their Unique Taxpayer Reference before they can send a tax return for the 2023 to 2024 tax year.