Now is the time to double-check your Income Tax Self-Assessment (ITSA) deadlines and ensure you’ve gotten everything in order!
Here are the key dates you should know about:
- 31 January 2025 – deadline for submitting the 2023/24 return online and for paying any outstanding income tax for 2023/24
- 31 July 2025 – due date for the second payment on account for the 2024/25 tax year
Try to have everything prepared well in advance of these dates to save you unnecessary hassle and stress.
If you need help submitting your Self-Assessment or preparing any of the necessary documents, we can guide you through it.
What if I can’t pay?
If you’re worried about meeting the January deadline, don’t panic.
We’ve put together an in-depth guide on what to do if you can’t pay your ITSA, covering practical strategies like contacting HMRC, exploring Time to Pay arrangements, and working with a tax adviser.
Remember, it’s always better to be proactive and seek help sooner rather than later – don’t leave it to the last minute!
