Every year I complete two self Assessment Tax returns – one for myself and one for Mrs D. I do this as soon as possible once the tax year is over because we live on savings and investments where tax is deducted at source, so they always owe us money.
We call it the ‘HMRC Savings Scheme’…
Last year, I submitted the returns on 24th April and reclaimed a total of £1,961.60 which, to be fair to HMRC, was in my bank account on 30th April. They settle promptly if you submit the stuff on line and make the refund by BACS.
This year, the £1,453.50 rebate (interest rates had gone down and we kept spending on holidays!) was in our account on 23rd April.
“So what’s the beef, then, Dioclese?” I hear you asking.
Well, it’s this : I just received a form SA316 from HMRC. This is a notice telling me of dire consequences and penalty charges if I fail to submit a Self Assessment Tax Return by 31st October (paper) or 1st January (online). Mrs D got one as well. We get one every year.
Now you wouldn’t have thought it beyond the wit of HMRC and it’s systems to not waste vast amounts of tax payers money sending these things out to people who have not only already submitted their returns online, but who have also received a rebate payment courtesy of the same computer system.
On the other hand, the Government Gateway system was written by Microsoft so that probably explains it…