Why Filing Your Self Assessment Tax Return Early Makes Perfect Sense
Why Filing Your Self Assessment Tax Return Early Makes Perfect Sense
Every January, thousands of taxpayers across the UK find themselves rushing to submit their Self Assessment tax returns before the 31st deadline. But at Modus Accountants, we take pride in doing things differently — our clients don’t face stressful Januarys because most of their returns are already filed well in advance.
So why does filing early make such a difference? Let’s break it down.
1. Avoid the January Rush
January is notoriously hectic for accountants and HMRC alike. Submitting your tax return early means you won’t be competing with millions of others trying to file at the last minute.
At Modus, we encourage our clients to get ahead so that by the time the new year rolls around, their tax is sorted leaving January free of stress and admin.
If you’d like help getting your Self Assessment filed early, our Self Assessment Tax Return Service makes the process fast and stress-free.
2. Get Your Tax Bill Early — and Plan Ahead
Filing early doesn’t mean you have to pay your tax bill early. What it does mean is that you’ll know exactly how much you owe well in advance.
This allows you to budget effectively and avoid any unexpected surprises later in the year. Filing early also gives you more time to explore proactive Tax Planning opportunities to reduce your overall liability.
3. Receive Any Refunds Faster
If you’re due a tax refund, filing early means you’ll receive it sooner. There’s no reason to wait until January to claim money that’s rightfully yours!
4. Extra Time to Correct Errors
By filing early, you give yourself and your accountant plenty of time to review your return carefully.
If anything needs adjusting or additional information is required, you won’t be racing against the clock to fix it.
Our team ensures your Year-End Accounts and filings are reviewed thoroughly and managed efficiently throughout the year.
5. Better Support from Your Accountant
At Modus Accountants, we pride ourselves on providing a proactive, high-quality service not last-minute panic.
Because we spread our workload evenly throughout the year, our team has more time to offer personalised tax advice and ensure every client receives the attention they deserve.
You can also benefit from ongoing Business Coaching and Virtual Finance Director support to help plan strategically for the future.
6. Why Modus Clients Enjoy a Stress-Free January
We’ve built our systems and processes to encourage early filing. Our clients regularly benefit from:
- Friendly reminders to keep things on track
- Efficient digital document sharing via secure portals
- Early reviews of income and expenses to identify tax-saving opportunities
Ready to Get Ahead?
As a result, January at Modus is calm and controlled because our clients are already prepared.
Learn more about why reviewing your financial data regularly is key to making better business decisions.
To find out more about more click here to book a free 30 minute discovery call.
📞 01993 225030 | 📧 hello@modus-accountants.co.uk