Almost 300,000 people filed their Self Assessment tax returns in the first week of the new tax year, setting a new record, according to HMRC.
 
In the first seven days following the start of the new tax year (from 6-12 April), 299,419 returns were filed with HMRC, with thousands of early filers actually submitting their returns on the very first day (6 April).
 
With around 8 months to go until the January 2026 deadline, the benefits of filing your tax return early include:

•  Knowing what tax you owe sooner
•  Planning your payments in advance and avoiding the stress of leaving it until the last minute
•  Receiving your tax refund sooner, if you are due one
•  Setting up a payment plan to help you budget with regular payments towards your bill.
 
HMRC has updated its guidance on filing tax returns early and offers information on help to pay.
 
If you have any questions on Self Assessment or any tax or accounting queries, please get in touch.
 
Internet link: GOV.UK