Debunking the myth; a charming lady in a shoe cupboard continues to enforce the myth that an entrepreneur, sole trader, or start up has until the 31st of January to file online! Let’s reverse engineer this statement, allowing 24hrs for snagging you would file, say 30th January, you will require a unique ‘Self Assessment’ code to do this, which will take 72hrs to activate, bringing you to 27th January. The code must be sent to your address (registered with HMRC) they allow 7 days for this, which brings us back to 20th January. Now if you have moved and omited to tell HMRC and their records are not updated, the effect is to arrest the process, as the security requires that the ‘SA’ eight figure code must be sent to the postcode registered with HMRC (to prove authenticity); Final date for commencement of filing is at best 20th January at worst 15th January. This information is not given freely and may only become apparent on the morning of the 30th as you sit to file your Self Assessment, you will incur a penalty of £100.00 without redress. You may wish to visit the lady in the shoe cupboard and raise these issues, but sadly she will not appear again until next January! to perpetuate the myth.
Thirtyfirst Deadline! the truth
1st February 2010
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