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One million people

Facing tax penalty from HMRC as self-assessment deadline looms More than 1m

People Are Their yet to file tax returns ahead of Monday's self-assessment tax deadline.

Those Who miss the deadline for filing Their return, and paying the tax Owed to the HMRC, will face a penalty # 100 Photo: Alamy

By Rosie Murray-West 6:14 PM GMT 28 Jan Comments

2011

A Spokesman for Revenue & Customs (HMRC) on Friday Confirmed That It Had Received 5.8m online tax returns so far, out of an Expected To Be Filed 7m online.

"This weekend is Expected to Be The peak time for filing," I added.

Cp;ndash; a process that takes seven days.

If they are planning to file on paper, however, then the deadline has already passed for most people. Hard copy tax returns were supposed to be in by October 31, 2010.

Whether filed on paper or online, the deadline for paying any tax owed for 2009/2010 is next Monday.

HMRC said that those filing this weekend should be careful to avoid common errors in tax returns. The most frequently made mistakes include not declaring employment if the taxpayer is also self-employed, because the taxpayer assumes HMRC already has the information. Other errors include not declaring benefits and investment income, inflating expenses and duplicating the claim for personal pension relief by putting it under retirement annuity relief as well.

For Those Who Have Their queries about tax return, the Self Assessment helpline is open Between 8:00 a.m. and 4pm on Saturday, closed on Sunday and open from 8am to 8pm on Monday on 0845 900 0444.

However, inquiries as the deadline nears peak and accountants Taxpayers May Have Warned That Struggle to get through.

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Telegraph.co.uk