The deadline of 31 January for submitting online tax returns for tax year end 2014 is almost upon us.
Last year, according to HMRC, 6% of all of the UK’s tax returns (more than half a million returns) were sent in on deadline day itself.
Why do people leave it to the last minute?
Many reasons including, but not limited to:
- human nature, putting off a tedious task
- a reluctance to commit to something on record which will involve the payment of money to the state
- financial situation for the coming year not yet clear
- first year of trading
- records gone awry etc
In short a hole myriad of reasons (some understandable, some less so), none of which are suited to an automated system hungry for money.
Good luck to all who have yet to file, and to HMRC staff who have to cope with the annual surge.
Tax does have to be taxing.
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