On 31 January this year 150,000 self assessment tax returns were submitted online to HMRC. This appears at this point to have been accomplished successfully, though the system slowed down. That means that 5% of the nearly 3 million returns submitted online were filed on a single day: it leads HMRC to the belief that there are agents who deliberately stockpile their returns in order to submit them on 31 January because they believe it shortens the enquiry window for those returns. What I have heard from agents is a rather different story, with almost everyone saying that their clients have been distinctly more casual this year about the deadline: they are no longer frightened of the 100 fine (and presumably not bothered by the increased risk of enquiry, a late return being clearly a risk fa...
Paper...or not? By Simon Sweetman
13th Feb 2007