February 1st 2018 12:59 pm

Written by Libby Davison

home :: tax news :: personal tax

87 Percent of Tax Returns Submitted Online

New record set by the Taxman with an online filing high - but 6.5 percent of returns remain outstanding.

After months of reminders and more reminders the self assessment online filing deadline expired last night.

Statistics released by HMRC show that the online filing system is becoming increasingly preferred with nearly 93 percent of self assessment tax returns filed using the online submission service.

Nearly 11.5 million tax return notices were issued for the 2016-2017 period tax year. People could opt to file using paper with an earlier deadline of October 31st 2017 or file online by midnight last night, 31st January 2018.

The standout numbers show not only was the online service taking the lion's share of submissions but many still left it to the last minute. Over 750,000 people filed yesterday with between 4pm and 5pm being the busiest period - a threshold breaking 17 returns submitted per second within that hour alone.

Astonishingly even up to midnight the service was getting hit with a high number of submissions - at a rate of 8 per second!

If any tax is owed then the payment must also be made before the deadline and yesterday nearly 400,000 payments were accepted by HMRC, but likely not using a personal credit card.

People needing additional help had the ability to contact the tax helpline and fortunately the service kept up and nearly 200,000 calls were accepted yesterday with waiting times not exceeding 3 minutes on average.

Now comes the issue of the near 750,000 tax returns still to be submitted. These tax returns will have an automatic penalty of £100 applied - regardless of any tax due or not - so the Taxman can add an additional £75 million to the Treasury's coffers. More penalties are applied the longer the tax returns remain in the wild.

See more articles from February 2018

Keywords:

Topics
Election - 33 available Personal Tax - 268 available Uk Budget - 88 available Welfare - 6 available Autumn Statement - 23 available Fraud - 13 available Business Tax - 31 available General - 68 available Expenses - 9 available Spring Statement - 7 available Tax Return - 39 available Self Employed - 21 available Limited Company - 4 available Benefits - 1 available Company Cars - 3 available
Browse Archives:
November 2024 - 1 available October 2024 - 6 available September 2024 - 3 available August 2024 - 4 available July 2024 - 5 available June 2024 - 7 available May 2024 - 5 available April 2024 - 2 available March 2024 - 6 available February 2024 - 2 available January 2024 - 4 available December 2023 - 3 available November 2023 - 4 available October 2023 - 4 available September 2023 - 2 available August 2023 - 2 available July 2023 - 2 available June 2023 - 4 available May 2023 - 5 available April 2023 - 2 available March 2023 - 6 available February 2023 - 4 available January 2023 - 7 available December 2022 - 6 available November 2022 - 4 available October 2022 - 5 available September 2022 - 9 available August 2022 - 3 available July 2022 - 3 available June 2022 - 3 available May 2022 - 4 available April 2022 - 3 available March 2022 - 3 available February 2022 - 4 available January 2022 - 4 available December 2021 - 4 available November 2021 - 3 available October 2021 - 3 available September 2021 - 3 available August 2021 - 3 available July 2021 - 6 available June 2021 - 2 available May 2021 - 4 available April 2021 - 3 available March 2021 - 5 available February 2021 - 3 available January 2021 - 9 available December 2020 - 5 available November 2020 - 5 available October 2020 - 5 available September 2020 - 8 available August 2020 - 5 available July 2020 - 13 available June 2020 - 3 available May 2020 - 7 available April 2020 - 5 available March 2020 - 10 available February 2020 - 10 available January 2020 - 6 available December 2019 - 6 available November 2019 - 7 available October 2019 - 5 available September 2019 - 6 available August 2019 - 9 available July 2019 - 6 available June 2019 - 4 available May 2019 - 4 available April 2019 - 4 available March 2019 - 9 available February 2019 - 4 available January 2019 - 6 available December 2018 - 3 available November 2018 - 5 available October 2018 - 7 available September 2018 - 9 available August 2018 - 3 available July 2018 - 4 available June 2018 - 5 available May 2018 - 6 available April 2018 - 4 available March 2018 - 6 available February 2018 - 6 available January 2018 - 2 available December 2017 - 5 available November 2017 - 8 available October 2017 - 5 available September 2017 - 4 available August 2017 - 3 available July 2017 - 5 available June 2017 - 2 available May 2017 - 5 available April 2017 - 4 available March 2017 - 6 available February 2017 - 3 available January 2017 - 4 available December 2016 - 3 available November 2016 - 4 available October 2016 - 3 available September 2016 - 2 available August 2016 - 6 available July 2016 - 4 available June 2016 - 2 available May 2016 - 2 available April 2016 - 2 available March 2016 - 3 available February 2016 - 2 available January 2016 - 5 available December 2015 - 3 available November 2015 - 4 available October 2015 - 3 available September 2015 - 2 available August 2015 - 2 available July 2015 - 5 available June 2015 - 3 available May 2015 - 1 available April 2015 - 2 available March 2015 - 6 available February 2015 - 3 available January 2015 - 3 available December 2014 - 4 available November 2014 - 2 available October 2014 - 5 available September 2014 - 1 available August 2014 - 2 available July 2014 - 2 available June 2014 - 3 available May 2014 - 2 available April 2014 - 5 available March 2014 - 4 available February 2014 - 2 available January 2014 - 5 available December 2013 - 3 available November 2013 - 3 available October 2013 - 4 available September 2013 - 5 available August 2013 - 7 available June 2013 - 1 available April 2013 - 3 available March 2013 - 6 available February 2013 - 5 available January 2013 - 4 available December 2012 - 1 available March 2012 - 3 available January 2012 - 2 available

© 2008 - 2024 UKTaxCalculators.co.uk