Tax Rebates & Refunds

HMRC reports 40% rise in Christmas Day tax return filings

January 5, 2013
Posted in Income Tax — Written by Jennifer

HM Revenue & Customs (HMRC), the department responsible for income tax as well as tax rebates, has recently revealed that the number of people filling in tax returns via the online self-assessment system on Christmas Day rose by a huge 40 per cent this year.

The number of people choosing to fill in a self-assessment form on December 25th rather than embrace the festive celebrations was 1,548. This is considerably more than the 1,100 who filed an online tax return the year before.

In the build-up to the Christmas period, another significant rise in completed forms was reported. A total of 14,330 forms were filed in the run-up to the festive season, which is more than three times more than the number reported in the same period in 2011.

HMRC believes that the introduction of higher penalties for late tax return filings is responsible for these increases. The department has launched a new campaign to crack down on late filings, after two million people were tardy in returning their forms last year. HMRC officials will be sending out letters warning of the greater penalties for missing the deadline to those who were late last year, advising that they could be fined up to £1,600 for persistent lateness.

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