HMRC tax penalties warning for 1.1m people despite cut in late payment fees
HM Revenue and Customs has slashed late payment fees but people are being warned to avoid the risk of further delays in ...
News OnTheWight Isle of Wight News15d
Self Assessment tax return: HMRC urges late filers to act now to avoid increased penalties
More than 11.5 million taxpayers beat the Self Assessment deadline to file their tax return for the 2023 to 2024 tax year by ...
What you need to file a self assessment tax return as HMRC deadline fast approaches
Those who have registered for a self assessment tax return are sent a unique tax reference number (UTR) by regular mail, ...
HMRC warning as 1.1 million could receive up to £900 fine
The number of people who missed the January 31 deadline for self-assessment tax returns is at a five-year high ...
HMRC making major change this week that will affect 1.1 million Brits
From February 17, the interest rate on late payments for taxpayers with outstanding tax debts with HMRC will drop from 7.25% ...
Telegraph & Argus19d
HMRC Self Assessment Tax Return: Last minute checks
Myrtle Lloyd, HMRC’s director general for customer services, says: “Time is running out for the millions still to file their self-assessment tax return by January 31. “Help and support is ...
HMRC warning as 1.1m could be hit with £900 fine
The interest rate reduction from HMRC came in line with the Bank of England's decision to decrease the base rate from 4.75% ...
Birmingham Mail15d
HMRC warns more than a million taxpayers they face financial penalties
HM Revenue and Customs says the majority of people submitted their self-assessment tax forms by the January 31 deadline but others failed to do so. HMRC was expecting more than 12 million tax returns ...
HMRC pockets £409m in penalty fees from taxpayers
HM Revenue & Customs pocketed more than £409m in interest charges alone last year, figures show. The amount the taxman raked ...
HMRC sends tax bill warning to everyone making extra money in new crackdown
HMRC has issued a warning to everyone who makes extra money on the side of their main job. The message follows a rise in the ...
accountingweb.co.uk13d
HMRC letter removing client from self-assessment?
I had a letter come through earlier this week from HMRC for one of my clients saying " We're writing to let you know that the last self-assessment tax ...
HMRC Self Assessment Tax Return: Last minute checks
HMRC estimated earlier this week that 3.4 million people still had to file their tax return or face an initial £100 penalty. Some 8.6 million people had already filed their 2023-24 tax return. Myrtle ...