It’s an odd way to see in the New Year, but while most revellers were quaffing champagne and singing ‘Auld Lang Syne’ nearly 15,000 Brits took the chance to submit a tax return.
Yet the savvy opportunists dwindled in number on New Year’s Day, presumably with hangovers preventing many from carrying out the necessary tax calculations. Only 5,000-odd people filed on 1 January.
True to form Christmas Day was the lowest ebb for tax submissions, with a mean-spirited 730 taking the chance to file inbetween handing out and unwrapping presents.
HMRC released the figures as part of a wake-up call to those qualifying for a tax return. It warned that with the 31 January deadline looming, taxpayers only have a few days to work out and pay their dues.
Last year 5.8 million people filed a return, substantially more than in 2008 when only 3.8 million did so. People filing online after the deadline risk incurring a fine and interest payments on what they owe.