HMRC has announced that self assessment taxpayers will get an extra month to file their tax returns without incurring a fine, although interest will still accrue.
While the waiving of penalties means taxpayers won’t receive a late filing penalty if they file online by 28 February (and payments by 1 April), HMRC is continuing to encourage taxpayers to file before the 31 January deadline as interest will still be payable from 1 February, as usual.
If you have any questions, or need help with your Tax Return then get in touch with us today!
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