Why should you submit your tax return over the Christmas period?

The deadline to complete your Self Assessment Tax Return for the 22/23 tax year is January 31st 2024. Each year, UK taxpayers rush to meet this deadline at the very last minute. If this is you, you are not alone. Last year a whopping 3,275 tax returns were completed on Christmas Day!

We’re suggesting that you join the thousands of people and try to submit your tax return in Christmas period or even on the big day itself.

Why submit this Christmas?

We hear you, the Christmas period is a busy time of year but there are many benefits to completing your tax return during this festive time of year;

Get it out the way

By filing your Self Assessment Tax Return way ahead of the January 31st deadline, you can avoid having to deal with it in the new year and can start 2024 with one less thing to be worried about.

Beat the rush

Many people put off completing their tax return until the latter days in January, so by filing earlier, you can avoid the potential delays of the busy HMRC systems which only get busier closer to the deadline.

Peace of mind

Completing the return in advance means you have more time to check everything is correct and get help from us at Earnr if needed. Leaving your tax return until the last minute can cause unnecessary stress.

Potential Refund sooner

If your tax return shows you are owed a refund, filing earlier can mean that HMRC are able to process it sooner and you could therefore receive your refund more quickly.

Avoiding penalties

If your tax return is submitted by the deadline, there’s little risk of incurring a penalty for late filing, use the Christmas period to submit and make sure that you are not penalised.

Some people may find it difficult to focus on tax returns during the festive season when they have other commitments. But for many, treating it like another task to cross off the list can provide some relief in the busy Christmas period.

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You can use the Earnr app to complete your tax return. If you need any help to do this, you can refer to our guides; A guide to Self Assessment or if you have tax questions now, you can ask our new , AI tax assistant, Earnr AI. You can read our full blog post 'Introducing Earnr AI' here.

Need help?

Got tax queries and confusing calculations? You can ask our new AI tax assistant, Earnr AI

Need support with the Earnr App? Reach out to the Earnr team through the Earnr app, we will do our best to try and help you.

Please note that Earnr AI is still in Alpha Mode (we are continuously testing and improving it) and its responses cannot be seen as tax advice.