{"id":7135,"date":"2020-01-25T19:18:37","date_gmt":"2020-01-25T19:18:37","guid":{"rendered":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/?p=7135"},"modified":"2024-11-08T11:43:32","modified_gmt":"2024-11-08T11:43:32","slug":"remember-to-file-your-self-assessment-tax-return-by-31st-january","status":"publish","type":"post","link":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/remember-to-file-your-self-assessment-tax-return-by-31st-january\/","title":{"rendered":"Remember to file your Self Assessment tax return by 31 January"},"content":{"rendered":"
\n Last updated: 8 Nov 2024<\/strong>\n <\/div>\n \n

The deadline for filing an online Self Assessment tax return for the 2023\/24 tax year, which ended on 5 April 2024, is midnight on 31 January 2025. Any Income Tax and National Insurance due for the 2023\/24 tax year must also be paid by midnight on 31 January 2025.<\/p>\n Reduce your business risk - form a limited company today<\/span><\/a>\n \n

You do have the option to file Self Assessment tax returns by post if you’d rather. The deadline for submitting a paper tax return for the 2023\/24 tax year is 31 October 2024. However, filing online is much easier, more secure, and results in fewer errors.<\/p>\n

Do I need to file a Self Assessment tax return?<\/h3>\n

Self Assessment<\/a> is the system that HMRC uses to collect Income Tax and National Insurance from self-employed individuals and anyone who receives unreported taxable income from other sources, including limited company directors, shareholders, and members of limited liability partnerships (LLPs).<\/p>\n

You will need to complete a Self Assessment tax return if:<\/p>\n