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Online tax returns set new record

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Online tax returns hit a record high this year, according to HM Revenue and Customs (HMRC).

Some 6,907,410 returns were filed electronically by 31 January, up by 7 per cent on the figure for last year.

On the final day for online returns, 572,455 submissions managed to beat the deadline.

Now in its eleventh year, online filing accounts for 78 per cent of all personal tax returns.

John Whiting of the Chartered Institute of Taxation (CIOT) said: “Online filing is now very well established and going well.

“However the rate of increase is now tailing off, which is not surprising as there will always be some people who want to file by paper – so we don’t want to head for online filing only.”