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.