The ten million barrier is set to be broken for self-assessment tax returns, as HM Revenue & Customs confirmed it had already received 7.8 million submissions to date, with a further 2.6 expected by the 31 January deadline.
Last year, a record 9.61 million filed their returns on time by what is one of the busiest days of the year for us at True Dynamic and the rest of accountants and tax practitioners.

There were 10.34 million people in self-assessment in 2011/12, 92.9% paid their dues on time in 2013, leaving around 730,000 people facing the consequences of late payment, make sure you are not one this year.

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