Feb 2, 2022 | Personal Tax
More than 10.2 million people filed their self-assessment online by the 31 January deadline this year, leaving approximately 2.3m yet to file. Although no penalties will be imposed on late filers as long as they file by 28 February 2022, they do face interest charges...
Jan 31, 2022 | Personal Tax
HMRC is reviewing a work from home tax break after officials warned Chancellor Rishi Sunak it had cost the Treasury nearly £500 million during the pandemic. It has been reported that the Treasury and HMRC plan on changing the eligibility and generosity of a scheme...
Jan 25, 2022 | Personal Tax
Four million individuals are still yet to submit their completed self-assessment tax return and pay any tax they owe ahead of the deadline on 31 January, HMRC has warned. The tax authority is urging the millions of customers still to file to pay any outstanding...
Jan 7, 2022 | Personal Tax
HMRC has delayed late-filing and payment penalties for self-assessment taxpayers by one month amid pressures caused by the pandemic. Anyone who cannot file their return by 31 January 2022 will not receive a late-filing penalty if they file online before midnight on 28...
Jan 6, 2022 | Personal Tax
Over 31,000 individuals submitted their 2020/21 tax return between Christmas Eve and Boxing Day, HMRC has said. That includes 2,828 people who submitted their tax return on Christmas Day, the peak time for filing being 12:00 to 12:59, when HMRC received 227 returns....
