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According to official estimates, 1.1 million people missed this year's self-assessment deadline on January 31.
QUESTION: I missed the January 31 self-assessment filing deadline due to illness. What should I do? ANSWER: Over one million ...
From February 17, the interest rate on late payments for taxpayers with outstanding tax debts with HMRC will drop from 7.25% ...
The taxman has cut the interest rate on late payments in response to the Bank of England's recent base rate cut, which could ...
HMRC ramped up its warnings ahead of the 31 January deadline, but the number of taxpayers who filed late nearly doubled to ...
According to one tax expert, people could lose 'double the money' in penalties compared to what they would lose if they had ...
More than 11.5 million taxpayers beat the Self Assessment deadline to file their tax return for the 2023 to 2024 tax year by ...
HM Revenue and Customs says the majority of people submitted their self-assessment tax forms by the January 31 ... a further penalty of 5 per cent of the tax due or £300, whichever is greater. For ...
A total of 11,509,810 taxpayers filed their Self Assessment returns on time, while around 1.1 million missed the deadline ...
The amount you’re charged is based on your previous self-assessment. If you were to begin this for 2023-24, this would work as follows: 31 January 2025: pay your tax bill for 2023-24.
The self-assessment deadline is approaching but there is still time to cut your tax bill before the end of January. Around 12m people are expected to file an online self-assessment tax return to ...
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