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 facilitates efficient tax management and can expedite tax refunds. The article encourages filing your tax return well before the January 31, 2024, deadline and highlights the possibility of utilizing HMRC's Budget Payment Plan to spread tax payments. This approach provides an opportunity to set aside funds for tax payments and can expedite potential tax refunds.