335,000 UK taxpayers warned of Oct 31 paper tax return deadline, £100 fine for late submission.

The HMRC has alerted 335,000 UK taxpayers that the deadline for paper self-assessment tax returns is October 31, with a potential £100 fine for late submissions. For the 2023/24 tax year, those needing to report foreign income or trust and estate matters must use paper forms, while online submissions can be made until January 31, 2025. HMRC provides assistance for those with special circumstances and allows individuals to designate someone to manage their tax affairs.

October 14, 2024
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