As of today (24th October), there are only 99 days left until the January 31st tax return deadline. For many businesses and individuals, this period can bring stress, confusion, and an overwhelming pile of paperwork. But it doesn't have to be that way! At Cashtrak, we're here to help you get ahead of the rush, avoid penalties, and even find ways to save money on your taxes.
If you're dreading the deadline, now is the perfect time to take action—and we’re here to make it easier.
Why You Shouldn't Wait Until the Last Minute
Leaving your tax return to the last minute often leads to mistakes, missed deductions, and even late filings. Missing the January 31st deadline results in an automatic £100 penalty, which can increase if further delays occur and daily interest will be accrued. The earlier you start, the more time you’ll have to double-check your figures and ensure everything is in order.
Maximise Your Allowances
When you rush, you’re likely to overlook important allowances or reliefs that could reduce your tax bill. By working with Cashtrak, we can help you identify every possible allowance and tax-saving opportunity. Our expertise ensures that you pay only what you owe—nothing more, nothing less.
Better Cash Flow Planning
Preparing your tax return early gives you a clear idea of how much you owe the HMRC. This allows you to plan your cash flow and budget accordingly, rather than scrambling for funds at the last minute. If you file now, you can make informed financial decisions and set aside the necessary funds to cover your tax bill well in advance.
How Cashtrak Can Help You Beat the Deadline
At Cashtrak, we specialise in providing bookkeeping and tax return services that take the stress out of tax season. Here’s how we can help:
Expert Tax Return Preparation
We handle all the complex paperwork, calculations, and submissions so that you don’t have to worry. Whether you are self-employed, a partner, high earner or claiming back business expenses, we’ll ensure your return is accurate, on time, and compliant with HMRC regulations.
Find Tax-Saving Opportunities
With our detailed knowledge of self-assessment tax returns, we’ll help you claim the allowances and expenses you’re entitled to, which could save you or your business money.
Streamline Your Financial Records
Our team can review your financial records to ensure they’re complete and up to date. If you’ve fallen behind on bookkeeping or VAT returns, we’ll get you back on track so that your tax return is a breeze.
Ready to Get Started? Let Us Help You Today
Don’t wait until the deadline is looming over your head. With 99 days to go, there’s still plenty of time to get organised—but the sooner you act, the better. At Cashtrak, we’re dedicated to helping you manage your taxes and finances smoothly.
Contact us today for a free consultation to discuss your tax return needs, click here.
With Cashtrak by your side, you can say goodbye to tax return anxiety and hello to a stress-free tax season.