HM Revenue & Customs (HMRC) has advised that UK taxpayers will receive Self Assessment paper returns for the tax year 2021/22 (ending 5th April 2022) in the post by the end of April 2022.
Taxpayers who filed their 2021 UK tax return online will receive a notice to complete a 2022 tax return letter between 6th of April 2022 and the end of May 2022.
Self Assessment paper returns must be filed by 31st October 2022, and online Self Assessment returns need to be filed by 31st January 2023.
Taxpayers who submit a paper Self Assessment return by 31st October 2022 or submit online by 30th December 2022 can elect to pay any tax they owe (ie a balancing payment) though their PAYE tax code, if they have one.
HMRC advises they will try to include the balancing payment in their 2023/24 PAYE tax code as long as:
* the taxpayer owes less than £3,000 on their tax bill, and
* the taxpayer already pays sufficient tax through PAYE
As always, if you think you need help with your UK tax returns and would like a free initial chat please contact bdh Tax by completing the enquiry form on this page.