The deadline for sending in tax returns to HMRC is tomorrow - and anyone who submits their forms late could receive a fine.
Self-employed workers must file their tax return by 11.59pm on January 31, 2023, or incur penalties that start at £100. While there is no way to extend the deadline, HMRC will waive the penalty fee if a person has a "reasonable excuse" for submitting the documents late.
Tax specialist Adam Park told Birmingham Live: "The key dates for income tax don't change year-on-year, which makes them easy to plan for and manage. The most critical deadline, January 31, marks the end of the self-assessment and payment period for income tax.
