This article underscores the advantages of early tax filing. As the 2022/23 tax year concluded on April 5th, 2023, and the new 2023/24 tax year commenced on April 6th, 2023, early filing streamlines effective tax management and can hasten tax refunds. The article encourages filing your tax return well before the January 31, 2024, deadline and highlights the opportunity to use HMRC's Budget Payment Plan for spreading tax payments. This approach provides time to set aside funds for tax payments and can expedite tax refunds.