HMRC reports record breaking year for tax returns

HMRC is reporting a record breaking year for tax returns, with more than 10m received by the final deadline last Friday, and the highest percentage ever of online submissions.

In total, HMRC has received 10.03m returns, beating last year's total of 9.61m. Of these, 8.48m were sent in via the online service compared to 7.93m the year before, accounting for 84.5% of all returns received.

HMRC says it was expecting around 10.74m 2012-13 tax returns in total and calculates that 93.4% met either the 31 October deadline for paper submissions or the 31 January deadline for online submission. This is the highest percentage of on-time returns ever recorded.

The busiest day for online returns was 31 January, when HMRC received 569,847. The busiest hour occurred between 4pm and 5pm on the same day, when 45,706 returns - more than 12 per second - were received.

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

View profile and articles

0
Be the first to vote

Rate this article

Related Articles
Subscribe