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Daily Record
Daily Record
Lifestyle
Linda Howard

HMRC warns 2.3m self-employed to file tax returns by end of month or face penalties

HM Revenue and Customs (HMRC) is warning more than two million taxpayers still need to file their Self Assessment returns by the end of February in order to avoid paying a penalty.

New figures show that 10.2 million customers filed their 2020/21 tax returns on time by the January 31 deadline, however some 2.3 million remaining customers now only have until February 28 to submit their late tax return and avoid a penalty charge.

HMRC previously announced it was waiving penalties for one month for late filing of tax returns and late payments in recognition of the disruption to self-employed workers as a result of the ongoing coronavirus.

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