Jan 25, 2022 | Personal Tax
Four million individuals are still yet to submit their completed self-assessment tax return and pay any tax they owe ahead of the deadline on 31 January, HMRC has warned. The tax authority is urging the millions of customers still to file to pay any outstanding...
Jan 7, 2022 | Personal Tax
HMRC has delayed late-filing and payment penalties for self-assessment taxpayers by one month amid pressures caused by the pandemic. Anyone who cannot file their return by 31 January 2022 will not receive a late-filing penalty if they file online before midnight on 28...
Jan 6, 2022 | Personal Tax
Over 31,000 individuals submitted their 2020/21 tax return between Christmas Eve and Boxing Day, HMRC has said. That includes 2,828 people who submitted their tax return on Christmas Day, the peak time for filing being 12:00 to 12:59, when HMRC received 227 returns....
Dec 20, 2021 | Personal Tax
More than 20,000 people have used HMRC’s monthly payment plan to spread the cost of their self-assessment tax bill since April 2021, recent statistics show. A total of £46 million has been paid under the Treasury’s time-to-pay scheme in this tax year so far. The...
Dec 13, 2021 | Personal Tax
HMRC is experiencing huge delays in processing requests for unique taxpayer reference (UTR) codes, according to a report. Some 407,510 startups were created during the 2020/21 tax year, despite the challenges presented by the COVID-19 pandemic. Those who are...
