Tuesday, 19 October 2021

Self-Assessment: Paper submission deadline looming!

HM Revenue and Customs (HMRC) is reminding Self-Assessment tax payers to check that they have the correct information in order to complete their tax return.

This year, tax payers will also have to declare if they received any grants or payments from COVID-19 support schemes up to 5 April 2021 as these are taxable, including:

Self-Employment Income Support Scheme (SEISS)
Coronavirus Job Retention Scheme (CJRS)
Other COVID-19 grants and support payments such as self-isolation payments, local authority grants and those for the Eat Out to Help Out scheme

The deadline for 2020/21 tax returns is:

31 October 2021 for those completed on paper forms
31 January 2022 for online returns

You can file your return before the January deadline but still have until 31 January 2022 to pay.

Please contact us about helping you file your 2020/21 return before the deadline or if you have any questions about grants or payments received. 

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