The deadline for your online self-assessment tax return is coming up fast – 31 January 2017 to be exact. If you have an accountant who handles this on your behalf, it’s likely to already be neatly in hand. But if, like a lot of contractors, you handle your tax return yourself, make sure you have it submitted on time.
What happens if I miss the deadline?
If you miss the 31 January 2017 deadline, you will ultimately have to pay more. This is the same if you submit your paper tax return before 31 January 2017, but after 31 October 2016 (the deadline for paper tax returns). If you have missed the paper deadline, make sure you complete an online tax return before 31 January to avoid a fine.