The fireworks may have faded, but there’s still one big event on the horizon — the 31 January Self-Assessment tax return deadline! 🎆

If you’re self-employed, a landlord, or have income outside of PAYE, this is your annual reminder to get your tax return sorted early. With only two months to go, it’s time to gather your records, check your figures, and avoid the last-minute panic that hits every January.

Here’s how to make the process easier — and why getting it done early could save you more than just stress 👇

HMRC’s online systems are busiest in the first few weeks of the year, and that can cause delays or technical hiccups when everyone’s trying to file at once.

Start gathering your records now, including:

• 📄 Invoices and business expenses

• 💰 Bank statements

• 🧾 P60s, P45s, or dividend vouchers

• 🏡 Property rental income (if applicable)

Doing this early gives you time to spot errors, find missing paperwork, and get advice before the deadline rush.

When you file your return, HMRC tells you how much tax you owe — but leaving it too late can leave you scrambling to pay by 31 January.

By submitting early, you’ll:
✅ Know your tax bill months in advance
✅ Have time to save or budget properly
✅ Avoid surprises and late payment penalties

💡 Tip: If your income for 2025/26 is lower than last year, you might be able to reduce your next payment on account due in July 2026. Ask us to check this before you overpay!

It’s easy to underestimate how long a tax return takes — especially when juggling business, staff, and family life. HMRC penalties are no fun either:

• 💸 £100 if you miss the 31 January deadline

• ⏰ Additional daily penalties after 3 months

• 📉 Interest on unpaid tax

Filing early gives you (and your accountant!) breathing room to get everything right the first time.

At Llewellyns Chartered Certified Accountants, we help small business owners, freelancers, and subcontractors get their tax returns filed quickly and correctly — so you can focus on running your business, not chasing receipts.

We’ll review your figures, claim all allowable expenses, and ensure you’re not paying more than you should.

The countdown to 31 January is officially on! 🎆
Getting ahead now means less stress, better cashflow, and peace of mind through the busy festive season.

If you’d like help preparing or filing your Self-Assessment, our team is ready to make it simple.

📞 01443 303 230
📞 02920 624 230
📧 info@llewellyns.co.uk