Friday's Fortnightly Tax Tip 

 
It’s (almost) that time of the year again! 
 
If you have not yet had your self-assessment tax return submitted to HMRC, there’s not much time left.  
 
All self-assessment returns are due to be submitted to HMRC by 31st January 2025 at the latest.  
 
If the return is late then it can lead to an immediate £100 fine, so it’s best to avoid this altogether and make sure your returns are completed and submitted as soon as possible.  
 
Interest will also start to build up if any tax due is paid late. 
 
Don’t leave it to the last minute! 
For more guidance call the team at Holmes Accountancy on 01908 315716 or contact us here. 
 
The tax tip is provided for general guidance only; further advice should be sought, for specific issues. 
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