Many people claiming Child Benefit need to notify HM Revenue and Customs (HMRC) if they need to complete a tax return - and time is running out.
Before customers can complete their first tax return, they need to register with HMRC to receive their Unique Taxpayer Reference (UTR). Customers need their UTR to file a return.
The tax return deadline for 2021/22 tax year is 31 October 2022 for those completed on paper forms, and 31 January 2023 for online returns.
READ MORE: When the second £324 cost of living payment will be paid
And anybody who needs to complete a tax return for the year must also notify HMRC of this by October 5 (Wednesday).
HMRC is encouraging customers to plan ahead to give themselves the best chance to complete their Self Assessment on time. Gov.uk advice reads: "Customers who file early will benefit from knowing what they owe, allowing them to budget and pay at a time that suits them. If customers are due a refund, they could get it back quicker. Customers have until January 31 to pay any tax owed."
If you're not sure whether you need to submit a tax return, you can find out here. Customers who are new to Self Assessment for the 2021 to 2022 tax year may include:
- those who are newly self-employed and earned more than £1,000
- a new partner in a business partnership
- those who have received any untaxed income
- those claiming Child Benefit but they or their partner have an income above £50,000
Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here
READ NEXT:
Rare 50p coin sells for £160 and there are lots more out there
Dad in court for offering daughter £5k amid cost of living crisis
British holidaymakers travelling to Spain issued money warning
Vet shares five dog breeds he would never own
A Place in the Sun buyer's confession moments into show has 'alarm bells ringing'