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Tax self-assessment deadline approaching
ACCA is reminding anyone who submits their tax self-assessment to HMRC (Her Majesty’s Revenue and Customs) in paper form, that the deadline for submission is 31 October.
Chas Roy-Chowdhury, ACCA head of taxation said: 'The self-assessment deadline is fast approaching. It’s important that anyone filing their return submits their information to HMRC by the end of the month. Late submissions carry a £100 fine.
'I would urge anyone who is unsure about the information they are providing to seek the advice of a qualified accountant. It’s far better to spend a little making sure the figures add up than face a fine. The fine will far outweigh the cost of having an accountant look at the information first.'
Information on the filing deadline and the penalties involved for late payment can be found on the HMRC website.
For further information please contact:
Ray Allger, ACCA UK Newsroom +44 (0) 20 7059 5788 +44 (0) 7540 919 819 Ray.allger@accaglobal.com