| The general election is over and a festive spirit is in the air. It can mean only one thing: it's almost time to fill in your tax return.
More than 2,600 people filed their tax return on Christmas Day last year, according to HMRC, with the busiest hour between 1pm and 2pm. On Boxing Day, almost 8,500 people submitted their finances.
The deadline for digital returns is Jan 31, so it makes sense to use the quiet time while the turkey is roasting and the wine is mulling to cross HMRC off your to-do list. One of those who filed their tax return before sitting down to watch the Queen's speech is our tax hacks columnist, Mike Warburton. Here he lays out 13 tips for filing your tax return.
He's also written this helpful reminder of how to make your charitable donations go further and cut your tax bill, should you be feeling generous at this time of year. If you are, please considering supporting the Telegraph’s 2019 Christmas Charity Appeal – you can find out more and make a donation at telegraph.co.uk/charity.
Make sure the money you keep within the family goes as far as it can, too. Here we explain which is the best way to give a child or grandchild cash this Christmas: Junior Isa, pension, premium bonds or gold.
That's it from us until the new year. Wishing you and yours a restful and joyful Christmas and we'll be back in your inboxes on January 8. Oh – and if you're still struggling to think of a present for someone, there's always a Telegraph subscription.
|
