5.65 million still to file as the Self Assessment deadline looms
Millions of taxpayers have less than one month to file their Self Assessment tax return.
- 5.65 million people still need to file their Self Assessment tax return
- thousands of people celebrated the New Year by filing their Self Assessment tax return
- 6.36 million people head into 2026 with their tax affairs in order
Thousands of people got a head start on their 2026 resolutions by filing their Self Assessment tax return over the New Year.
With less than a month to the 31 January deadline, 54,053 customers chose to ring in the New Year by filing their tax return for the 2024 to 2025 tax year on New Year’s Eve and New Year’s Day. The figures, show:
- 342 customers beat the bells by filing their tax return in the last hour of 2025
- 19,789 missed their traditional New Year’s Day walk or day in front of the TV to file their tax return instead
- 3,927 people filed between 11am and 11:59am on 31 December – the most popular time to file over the 2 days
More than 6.36 million taxpayers have submitted their tax return so far, which leaves almost 5.65 million who still need to complete their Self Assessment. Those who miss the deadline could face an initial late filing penalty of £100.
Myrtle Lloyd, HMRC’s Chief Customer Officer, said:
New Year is a great time to start afresh. What better way than to ensure your tax affairs are in order for another year than completing your tax return. If you have yet to start, the clock is ticking, go to GOV.UK and start today.
A wide range of online help and support is available on GOV.UK to help people fill in and file their tax return.
Customers can start their tax return, save it and re-visit it as many times as they need to before they submit it. And, once they’ve sent it, the bill doesn’t have to be paid straight away, but does need to be paid before the 31 January deadline.
The easiest way to pay is through the HMRC app. Customers can also set up notifications in the app to ensure they know when payments are due so they don’t miss a deadline.
Information about different payment options can be found on GOV.UK.
Customers who are unable to meet the tax return deadline need to tell us before the 31 January. HMRC will treat those with reasonable excuses fairly.
The penalties for late tax returns are:
- an initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time
- after 3 months, additional daily penalties of £10 per day, up to a maximum of £900
- after 6 months, a further penalty of 5% of the tax due or £300, whichever is greater
- after 12 months, another 5% or £300 charge, whichever is greater
There are also additional penalties for late payments of 5% of the tax unpaid at 30 days, 6 months and 12 months. If tax remains unpaid after the deadline, interest will also be charged on the amount owed, in addition to the penalties above.
People who complete a Self Assessment tax return to pay the High Interest Child Benefit Charge (HICBC) can opt out and choose to pay it through their tax code via the new PAYE digital service.
Eligible customers need to notify HMRC to stop Self Assessment before the filing deadline. Where a tax return has already been sent, customers can choose to stop from the following tax year. HMRC will then amend their tax code and they will be registered to pay HICBC through PAYE.
Customers do not need to include their 2025 Winter Fuel Payment, or Pension Age Winter Heating payment in Scotland, on their tax return for the 2024 to 2025 tax year as payments received in Autumn 2025 will be recovered in the 2025 to 2026 tax return, due by 31 January 2027.
Self Assessment customers are at increased risk of being targeted by criminals and should never share their HMRC login details with anyone, including a tax agent, if they have one. HMRC scams advice is available on GOV.UK.
Further Information
See more information about Self Assessment.
New Year filing figures include:
- 34,264 customers filed on New Year’s Eve, the most popular time being 11:00 to 11:59 when 3,927 filed their tax return
- 19,789 customers filed on New Year’s Day, the most popular time being 16:00 to 16:59 when 1,994 filed their tax return
More than 12 million people are expected to file a Self Assessment tax return for the 2024 to 2025 tax year.
Sole traders and landlords with a turnover above £50,000 will be required to use Making Tax Digital (MTD) for Income Tax from 6 April 2026 and be required to submit quarterly summaries of their income and expenses to HMRC. HMRC is urging eligible customers to act now and sign up to Making Tax Digital as this is the best way to get ahead, giving you extra time to select software and familiarise yourself with the new service. Agents can also register their clients via GOV.UK.
People who have sold assets such as shares after 30 October 2024 need to be aware of changed rates of Capital Gains Tax for the disposal of assets when completing their Self Assessment tax return as it won’t automatically calculate the correct amount of Capital Gains Tax due. Instead, they may need to work out an adjustment to the tax automatically calculated using the adjustment calculator on GOV.UK.
Follow HMRC’s Press Office on X @HMRCpressoffice