HMRC reminding Lanarkshire residents that countdown to Self-Assessment deadline has begun
HMRC is reminding Lanarkshire residents that the countdown to the Self-Assessment deadline has begun, with less than 100 days to go. Despite the deadline looming, there is still time for residents to adequately prepare and file their tax return accurately by January 31. With more than 12 million people required to file a tax return for the 2023 to 2024 tax year and settle any owed tax by the deadline, it is important for individuals to ensure compliance.
For those in Lanarkshire seeking assistance, HMRC has provided online support that can be accessed by searching “help with Self Assessment” on GOV.UK. Additionally, HMRC has produced informative YouTube videos to guide individuals through the process of completing their tax return step by step. Customers in Lanarkshire who are uncertain if they need to file a tax return can visit GOV.UK to verify their obligation to submit a Self-Assessment tax return.
It is essential for those new to Self-Assessment to register and receive their Unique Taxpayer Reference before submitting a tax return for the 2023 to 2024 tax year. Individuals who are no longer required to file a tax return should inform HMRC promptly to avoid any penalties. HMRC’s director general for customer services, Myrtle Lloyd, emphasized the importance of thoroughly preparing and filing an accurate tax return within the given timeframe. Online help and support are available on GOV.UK to assist individuals through the process.
Moreover, HMRC has created videos explaining how self-employed individuals and those who are not self-employed can proceed with their Self-Assessment online. It is recommended that individuals engaged in selling goods or providing services through an online platform familiarize themselves with the tax obligations associated with such activities. HMRC advises the public to remain vigilant against potential scams involving emails, phone calls, or texts aimed at stealing personal or financial information. To validate the authenticity of any communication from HMRC, individuals can utilise the “HMRC tax scams” checklist on GOV.UK.
In conclusion, Lanarkshire residents are urged to take proactive steps to ensure timely and accurate submission of their tax returns before the Self-Assessment deadline on January 31. By leveraging the available online resources and staying informed about tax obligations, individuals can fulfil their responsibilities and avoid potential penalties. Let’s make sure we are well-prepared and compliant when it comes to tax matters.