More than 2.1m tax returns filed within four weeks of deadline

25% filed after 31 December

Sophie King
clock • 1 min read

Millions of taxpayers are being urged to sort out their tax returns for the 2017/18 financial year after data from HMRC revealed more than 2.1m Britons left this admin until the eleventh hour last year.

Responding to a freedom of information request from Tilney, HM Revenue & Customs (HMRC) said one-quarter - 2.1 million - of self-assessment returns for the 2016/17 tax year were submitted in the final four weeks before the 31 January deadline last year. Tilney managing director Jason Hollands said filing for tax returns could be stressful because it involved "quite a bit of preparation" and orderly recording keeping is not everyone's forte.  "It is all too easy to put off things that most of us regard as tedious until the eleventh hour, but leaving tax returns to the very last minute ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Gifting, annuities and onshore bonds surge as IHT shake-up looms

Gifting, annuities and onshore bonds surge as IHT shake-up looms

Advisers scramble to adjust to changes in the Autumn Budget

Isabel Baxter
clock 13 May 2025 • 3 min read
Safeguarding clients in a world of increasing HMRC activity

Safeguarding clients in a world of increasing HMRC activity

'It is important that financial advisers stay informed and proactive'

Louisa Beciri and Tom Lewis
clock 23 April 2025 • 4 min read
IHT receipts swell to record £8.2bn for 2024/25

IHT receipts swell to record £8.2bn for 2024/25

10% higher than last year, commentators note

Jen Frost
clock 23 April 2025 • 2 min read