Five ways to reward yourself after avoiding the self-assessment late penalty

Tax Return UK

It’s the last day before the 31st January self-assessment deadline. That means, for many self-employed and freelance individuals, it’s the last lap before submission of your tax return and final payment of any tax that you owe for the previous financial year.

We’d hedge our bets and say that for many of you the 11:45pm scramble on 31st January is a familiar one as you race against time to get your return submitted and avoid the on the spot £100 fine that 12:00 midnight on 1st February brings.

To inspire you and get you through the last stages of the final slog toward self-assessment freedom, we’ve put together a list of some of our favourite things that you can spend a hard earned £100 on, simply by avoiding submitting your tax return late. After the effort that goes into keeping organised for January, you deserve it!

Headphones

If you’re someone that benefits from listening to music to aid concentration or to block out background noise while you’re working, a new pair of earphones is always a good investment, whether for business or pleasure.

We love these Skullcandy Crusher headphones, a snip at £89 and with a bass extension driver and built-in amplifier. Or, for a little extra pocket money you could invest in the ubiquitous Beats Solo HD headphones.

3D pen

Do you have latent artistic ability? Would you like to see your creative vision rendered in 3D? Or maybe you just like really cool gadgets that you get to play with. Either way, the 3D pen is a brilliant way to spend a little pocket money. The 3Doodler is the world’s first 3D printing pen that allows you to draw in 3D by projecting heated plastic that cools into a solid structure.

It’s a fun little gadget and could make for some exciting new additions to your desk space!

The iKettle

Do you ever get so busy that you can’t even find 5 minutes to pop the kettle on for a much needed cup of tea? Well, the struggle ends with the iKettle. The world’s first Wi-Fi kettle, you can control the iKettle with your smart phone. Struggling over an impending deadline, yet parched and in need of a cuppa? The iKettle has got your back. Inspired!

iKettle

Fitbit

If you’re like a large proportion of people, you’ll have resolved to get fitter for the New Year. The Fitbit is an integrated accelerometer. It keeps track of your activity levels, and lets you log fitness goals, calories burned and the hours you’ve slept. What’s more, it comes in a sleek and stylish wristband design. All you need to get your fitness on track for 2015.

Nike Free Runs

If you want to make sure you have something to enter in to your new Fitbit tracker, then you need to get your running shoes on! Why not invest in a treat for your feet with a new pair of Nike Free Run trainers.

Specially designed to adapt to the foot movement and stride of each individual runner, Nike Free Runs are the ultimate in supportive footwear. So, if you’re in need of clearing your head with a run, these are the shoes to carry you further.

 

Sometimes we all need a little inspiration to help get us through trying times, and the final push toward the self-assessment deadline is no different. Just remember that you don’t want to be hit with a £100 fine that you could be using to make your life a little easier with some of these handy gadgets.

How would you spend the £100 you get to keep by submitting your self-assessment return on time? Let us know in the comments below or get in touch with us on Twitter.

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