Beat the rush: Submit your Self-Assessment tax return information by 31 October 2023

As the deadline for submitting your Self-Assessment tax return approaches, Coaleso is urging all clients to act swiftly to ensure a smooth and hassle-free process.

This year, the cut-off date for submitting your paper-based self-assessment tax return is 31 October 2023.

Why the rush?

Delaying your submission until the last minute not only puts unnecessary stress on you, but it can also lead to rushed calculations and potential errors.

Early submission allows ample time for thorough review, ensuring that you pay the correct amount of tax and take advantage of all possible allowances and reliefs.

The benefits of early submission

1. Professional guidance: By getting your financial data to us early, you have the benefit of our expert analysis to optimise your tax situation.
2. Peace of mind: Avoid the stress and anxiety that comes with last-minute submissions.
3. Avoid penalties: Late submissions are subject to penalties, starting from £100 for a delay of even one day.
4. Streamlined process: Early submission allows us to efficiently manage your tax affairs, minimising delays and complications.

What Do You Need to Do?

If you’re a client, please gather all necessary financial documents, such as P60s, invoices, and evidence of deductible expenses, and submit them to us as soon as possible.

If you are unsure about the documents you need, our team is more than willing to guide you through the process.

We’re Here to Help

For those clients who are considering or have gone digital, the deadline for online submissions is 31 January 2024.

However, getting your information to us by 31 October allows us to better serve you during the busy tax season.

Our goal is to make tax time as painless as possible for you. Contact us today to schedule an appointment or to discuss your specific tax needs.

Let’s beat the rush and pave the way for a stress-free tax season.