Desktop Banner

Mobile Banner

Christmas is the day for elf-assessment

Some people will do anything to avoid spending more time than necessary with their in-laws on Christmas Day but using HMRC as an excuse is a bit of a stretch. Despite the fact the deadline for submitting tax returns is 31 January, thousands choose to submit their tax returns on Christmas Day rather than watching the King’s speech.

Perhaps the net present value of what has been spent on gifts proves too much for some to bear and sparks the need to make that tax reclaim. With that in mind, here are some of the top tax return tips for those preparing and submitting their tax returns over the festive period.

For those who have had their fill of turkey on the big day, it’s important they are not stuffing themselves by rushing through their tax return and missing out on important tax reliefs and claims available to them.

authors:chris-etherington