Should GPs use the extension? Specialist medical accountant Liz Densley advises.
For those who have not completed their tax returns by 31 January, this year’s grace period of one month will come as a relief, but note that it does not stop interest running on late paid tax – so it may be best to make an estimated payment on account if possible.
Submitting the return after 31 January will mean an extension to the enquiry time limits too.