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Daily Record
Daily Record
Lifestyle
Linda Howard

HMRC issues new warning to 1.5m taxpayers ahead of Self-Assessment deadline next week

HM Revenue and Customs (HMRC) has issued a final warning to around 1.5 million customers who have less than a week to file their Self Assessment tax return and avoid having to pay a penalty fine.

The deadline for submitting tax returns was January 31, however, HMRC extended the deadline to 11.59pm on Monday, February 28 to give people affected by the coronavirus pandemic additional time to complete their 2020/21 tax return.

Some 10.69 million customers have already filed a 2020/21 tax return, however, those still to do so face an initial late filing penalty of £100 if their tax return is up to three months late and they could also face possible further costs, depending on how late they file.

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