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Daily Record
Daily Record
Lifestyle
Linda Howard

HMRC warning to self-employed ahead of tax return deadline at midnight on Monday

HM Revenue and Customs (HMRC) has warned 4 million customers are yet to submit their completed Self Assessment tax return and pay any money owed - with just hours to go before the deadline at 11.59pm tonight on Monday, January 31.

In total, more than 12.2 million customers are expected to file a return for the 2020/21 tax year and HMRC is urging customers who have still to submit their return, pay any outstanding liabilities or set up a payment plan, to do so ahead of the deadline as interest will be applied to all outstanding balances from Tuesday, February 1.

However, anyone unable to file by the January 31 deadline will not receive a late filing penalty if they submit by February 28.

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