Stupid Question ALERT! - Filing Tax Returns

JamesB

Good afternoon all,

If you submit your tax return for 2011/12 say in May and you owe £100, I assume this hasn't got to be paid until 31st Jan 2013?

If you file in May and are due a rebate of £100 does this also get paid at/after 31st Jan 2013?.

Know it's a silly question but I have only ever dealt with clients who file their returns in January last minute!! haha.

Regards,

J

T.C.

Yes, if you owe £100 it needs to be paid by 31st January 2013, but if they owe you £100, then the rebate usually comes back within a few weeks of submitting the TR (although sometimes you do have to ask for it)!