8th January 2025 Posted by - Alexander Accountancy
Christmas tax filing: Getting ahead of the deadline
HM Revenue and Customs (HMRC) have revealed that 4,409 people chose Christmas Day to file their tax returns, ensuring their 2023-2024 tax affairs were in order well before the 31 January deadline.
In total, 40,072 taxpayers submitted their returns over the Christmas break, proving that even amidst the festive cheer, there’s always time for a little financial housekeeping.
Festive filing highlights
The holiday filing statistics offer a glimpse into the habits of those who opted to tackle their tax obligations during the break:
- Christmas Eve: This was the busiest day, with 23,731 returns filed, as some chose to avoid the chaos of last-minute shopping. The most popular filing hour was 11:00 to 11:59, when 3,458 taxpayers submitted their returns.
- Christmas Day: 368 people filed their returns during the most popular hour of 15:00 to 15:59.
- Boxing Day: 11,932 customers prioritised tax returns over leftover turkey sandwiches, with the busiest hour being 16:00 to 16:59, when 1,108 submissions were made.
Why file early?
Filing early can bring peace of mind knowing that the job is done for another year. However, it can also allow more time for planning how to pay any tax that will be due on January 31st.
If you could do with help filing your tax return or are not sure whether you need to fill one in, give us a call on 01283 743851 or click here to contact us and we would be happy to help you!
See: https://www.gov.uk/government/news/its-a-self-assessment-wrap-for-40000-festive-filers
