Soke Accounting

It doesn’t have to be too taxing

Wake me up, When September ends

Greenday – When September Ends

At Soke, we believe you can’t afford to sleep until September ends, you need to act now and prepare your Self assessment.

The deadline for filing your Self Assessment tax return for the 2022 to 2023 tax year is 31 January 2024. However, there are a number of benefits to filing your return early.

1. Get more control over your finances.

When you file your return early, you will know exactly how much tax you owe for the year. This will give you more time to budget for your tax bill and make sure that you have enough money to pay it.

2. Avoid the January rush.

The busiest time of year for HMRC is January, when everyone is trying to file their tax returns at the last minute. Filing early will help you to avoid the stress and hassle of dealing with the January rush.

3. Get a refund sooner.

If you are due a tax refund, you will get it sooner if you file your return early. This is because HMRC will not start processing your refund until you have filed your return.

4. Get help and support if you need it.

HMRC offers a range of help and support to Self Assessment taxpayers. If you need help filing your return, you can get help online, over the phone, or by visiting a local HMRC office.

5. Protect yourself from scams.

There are a number of scams that target Self Assessment taxpayers. By filing your return early, you can help to protect yourself from these scams.

To learn more about the benefits of filing your Self Assessment tax return early, please drop us a line