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Tons of of people selected to ring within the new 12 months by tackling their tax obligations, with HM Income and Customs (HMRC) figures revealing that 342 individuals submitted their self-assessment returns within the last hour of 2025.
Because the January 31 deadline for the 2024-25 tax 12 months looms, a complete of 54,053 taxpayers opted to finish their returns throughout New 12 months’s Eve and New 12 months’s Day.
The busiest interval for submissions in the course of the festive break was between 11am and 11:59am on December 31, when 3,927 returns have been processed.
Greater than 6.36 million taxpayers have submitted their tax return and practically 5.65 million nonetheless want to finish their self-assessment kind earlier than the deadline.
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Those that miss the deadline may face an preliminary late submitting penalty of £100, adopted by attainable additional penalties. The £100 mounted penalty applies even when there isn’t any tax to pay or if the tax due is paid on time.
Myrtle Lloyd, HMRC’s chief buyer officer, mentioned: “What higher manner than to make sure your tax affairs are to ensure that one other 12 months than finishing your tax return.
“When you have but to begin, the clock is ticking, go to gov.uk and begin as we speak.”
HMRC mentioned individuals can begin their tax return, put it aside and revisit it as many occasions as they should earlier than they submit it. As soon as they’ve despatched it, the invoice doesn’t should be paid immediately, however does should be paid earlier than the January 31 deadline, the income physique mentioned.
Individuals can arrange notifications within the HMRC app to make sure they know when funds are due so they don’t miss a deadline.
People who find themselves unable to fulfill the deadline are being urged to inform HMRC earlier than January 31. HMRC mentioned it is going to deal with these with affordable excuses pretty.
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Criminals might use the deadline to ship out pretend messages purporting to be from HMRC. The income physique mentioned individuals ought to by no means share their HMRC login particulars with anybody.
