January can feel a long way off, but for anyone who needs to complete a Self Assessment tax return, getting organised now could make life considerably easier later.
The deadline for online Self Assessment tax returns and payment of any tax owed for the 2025/26 tax year is 31 January 2027. While there is still plenty of time, leaving everything until January can make it harder to find the information you need, understand your tax bill and plan for the payment.
Getting your return prepared early means you’ll know exactly where you stand. It can also give you time to check that you’re claiming all the allowances and expenses you’re entitled to and, importantly, avoid an unexpected tax bill landing just after Christmas.
For business owners and self-employed individuals, it’s particularly useful to have your bookkeeping up to date so that your income and allowable business expenses can be calculated accurately.
How Accountants247 Can Help
You don’t have to tackle your Self Assessment return alone. The team at Accountants247 can take care of the calculations and filing for you, while helping you understand what you owe and when it’s due.
We can also help you get your records in order, identify allowable expenses and plan ahead for your tax payments, giving you greater certainty and less stress as January approaches.
Why wait until January? Get your Self Assessment sorted early and start the new year knowing exactly where you stand. If you need help with your Self Assessment tax return, please get in touch with our friendly Accountants247 today here.
