HMRC stated that a total of 9.61 million self assessment tax returns were submitted on time before the 31st January 2013 deadline. On the 1st February HMRC released the record figures. The 9.61 million was a combination of online and paper based submissions up until the 31st January.
There were 10.34 million people required to file a 2012 self assessment return, with a total of just under 93% doing so. As a result, this was HMRC highest ever.
Originally there was around 10.6 million required to a file a 2012 self assessment but HMRC had to cancel 300,000 returns due to people no longer being in self assessment.
HMRC also gave a brief break down of totals and dates of submissions –
- 7.93 million were sent online
- 1.68 million were sent on paper
- 31st January 2013 – Total returns submitted were 578,000
- 31st January 2013 – Busiest hour was between 4pm and 5pm when 46,000 were submitted
- Christmas day – Total returns submitted were 1,548
- Boxing day – Total returns submitted were 4,658
- New Years Eve – Total returns submitted were 27,161
- Boxing day – Total returns submitted were 12,077
If you are one of the remaining people that still have their tax return outstanding we urge you to make contact with us as soon as possible to discuss your affairs. HMRC have the same penalty regime in force as last year and unfortunately you will be subject to a £100 fine. This fine will soon be going up to £10 a day so it is vital you get in contact with us as soon as possible.
If you are unsure on any of the above, please get in contact with one of our team today so that we are able to liaise with HMRC on your behalf.