Business

Tax returns made online

A RECORD 85.5 per cent of self assessment tax returns were made online this year, according to HM Revenue and Customs (HMRC). It received 10.24 million tax returns by midnight on Saturday with the final two days the busiest

during which HMRC received 980,000 returns. Around 4.3 million customers (42 per cent) left it until January to file their returns, which HMRC issued in April. HMRC's director general of personal tax Ruth Owen, said: "This is another record-breaking year for Self Assessment, with 210,000 more people filing their returns on time than last year." Missing the tax return deadline results in an automatic £100 late-filing penalty.