HMRC Automatic £100 Fines for 1 Million Taxpayers
Up to one million UK households face escalating penalties up to £900 for missing the January 31 tax return deadline, with HMRC warning of daily charges and additional percentage-based fines.
Up to one million UK households face escalating penalties up to £900 for missing the January 31 tax return deadline, with HMRC warning of daily charges and additional percentage-based fines.
Households who missed the Self Assessment tax deadline have been urged to file online immediately and pay any tax owed, with HMRC warning against calling them directly. Penalties for late submission start at £100 and increase significantly over time.
Households are being alerted to a new £200 charge from HMRC as part of a revamped penalty points system for late tax payments, replacing the old automatic fines with a fairer structure.
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