Category : Search result: tax return penalty


HMRC warns 5.65m over Self Assessment deadline

HMRC urges nearly 5.65 million people to file their Self Assessment tax return before the 31 January deadline to avoid an immediate £100 penalty. Online help is available on GOV.UK.

ASOS introduces new £40 return fee rule

ASOS updates its returns policy from January 6, introducing a £3.95 fee for some returns. Shoppers can avoid the charge under specific conditions. Learn how the new rule affects you.

ISA rule change to penalise 'sensible' cash savers

Chancellor Rachel Reeves's Autumn Budget changes will force savers to invest £8,000 of their ISA allowance. Experts warn it penalises low-risk savers and complicates retirement planning. Read the full analysis.

HMRC letters for savers with over £3,500

Nearly 900,000 UK savers may receive letters from HMRC to check tax on savings interest. Experts explain your obligations and what to do if contacted.

Seven Ways UK Households Pay More Tax in 2026

Chancellor Rachel Reeves's tax changes for 2026 will impact millions. From frozen thresholds to new levies, discover the seven key ways your finances will be affected. Read the full analysis.

HMRC's 150% Tax Bill Shock for Self-Employed

Millions of newly self-employed face paying 150% of their tax bill upfront due to HMRC's 'payments on account' rule. Learn how it works and what you can do if you can't pay.

HMRC: £900 fines for late tax returns

UK households face fines of up to £900 for missing the 31 January self-assessment deadline. HMRC also warns of a rise in tax scams targeting filers.

8 in 10 Brits return or sell unwanted gifts

New research shows 80% of Brits regift, return, or sell unwanted presents, with clothes topping the list. Expert advice on your consumer rights for post-Christmas returns.

HMRC warns of fines for late tax returns

HMRC urges self-assessment taxpayers to file by Jan 31 2026 or face initial £100 fines and escalating penalties. Learn the deadlines and how to avoid scams.

HMRC uses AI to target tax evasion and fraud

HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.

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