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Self Assessment tax return: Britons urged to avoid mistakes ahead of HMRC deadline | Personal Finance | Finance


| UPDATED: 22:19, Sat, Jan 30, 2021
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A Self Assessment tax return is a system for Her Majesty’s Revenue and Customs (HMRC) to collect Income Tax, and is used by millions. With this year’s deadline occurring on Sunday, January 31, 2021 at midnight, Britons will need to take action. However, Self Assessment can often be a complex process for some, and avoiding mistakes is key.  ....

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No Self Assessment late filing penalty for those who file online by 28 February | HM Revenue and Customs


HM Revenue and Customs
No Self Assessment late filing penalty for those who file online by 28 February
Self Assessment customers who cannot file their tax return by the 31 January 2021 deadline will not receive a late filing penalty if they file online by 28 February.
Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February, HM Revenue and Customs’ (HMRCs’) Chief Executive Jim Harra has announced.
More than 8.9 million customers have already filed their tax return. HMRC is encouraging anyone who has not yet filed their tax return to do so by 31 January, if possible. ....

United Kingdom , Jim Harra , National Insurance , Self Assessment , Chief Executive Jim Harra , Personal Tax , Self Assessment Payment Helpline , ஒன்றுபட்டது கிஂக்டம் , ஜிம் ஹர்ரா , தேசிய காப்பீடு , சுய மதிப்பீடு , தலைமை நிர்வாகி ஜிம் ஹர்ரா , தனிப்பட்ட வரி , சுய மதிப்பீடு கட்டணம் ஹெல்ப்லைன் ,

No Self Assessment late filing penalty for those who file online by 28 February


Date Time
No Self Assessment late filing penalty for those who file online by 28 February
Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February, HM Revenue and Customs’ (HMRCs’) Chief Executive Jim Harra has announced.
More than 8.9 million customers have already filed their tax return. HMRC is encouraging anyone who has not yet filed their tax return to do so by 31 January, if possible.
But anyone who cannot file their return by the 31 January deadline will not receive a late filing penalty if they file online by 28 February.
Taxpayers are still obliged to pay their bill by 31 January. Interest will be charged from 1 February on any outstanding liabilities. Customers can pay online, or via their bank, or by post before they file. ....

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