HMRC has announced that Christmas was a popular time for people to file their self-assessment tax return, with more than 16,000 people submitting their tax return online from 24-26 December.
This coincides with the results of our Christmas survey, which revealed that one in five UK business owners didn’t even take a break from work on Christmas Day.
HMRC says that 6,033 Self Assessment tax returns were submitted on Christmas Eve. Remarkably, 92 of them were submitted between 11pm and midnight, while many were tucked up in bed waiting for Santa.
On the day itself, 2,590 taxpayers submitted their tax return. And, rather than getting to grips with any leftover food on Boxing Day, 7,655 people chose to submit their tax return online.
HMRC released the stats as part of its campaign to remind people not to ignore the ‘niggle’ about completing their tax return.
The tax return deadline is 31 January – we have a small business guide to Self Assessment tax returns if you still need to do yours.
Our own stats over the same period (24-26 December) make for interesting reading. Whether it’s filing your tax return or the day-to-day management of your business, small business owners struggle to take a break.
The most read article on our Knowledge centre was our guide to what you can claim as self-employed tax deductible expenses, while our guide to Self Assessment tax returns for landlords featured in the top 10 most read articles over that period.
We also revealed that 20 per cent of UK small business owners didn’t take a break from working on their business on Christmas Day, with four per cent even physically going into the office.
Even if they did take Christmas Day off, 61 per cent still worked over the entire festive period (24 December-2 January).
If you’re yet to complete your Self Assessment tax return, remember:
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