Tax returns break records over New Year

HM Revenue and Customs (HMRC) has revealed that record-breaking 24,546 people submitted their tax return online on New Year’s Eve, representing a 2.8% rise on one year ago, while more than 11,467 people sent off their Self Assessment tax return on New Year’s Day 2016 itself.

Hundreds of people decided to spend the first hours of 2016 completing their Self Assessment, with more than 600 people submitting their tax return between midnight and 10am on New Year’s Day.

The data also show that the number of people completing their tax return on Christmas Day broke records, with 2,044 customers submitting their tax return – an increase of 13% on 25 December 2014.

On Boxing Day, 5,402 customers ignored the temptation of the sales and instead chose to find their inner peace by completing their Self Assessment online.

The deadline for sending 2014-15 tax returns to HMRC, and paying any tax owed, is 31 January 2016.