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HMRC Extends Tax Self-assessment Deadline by a Month to 28 February

HMRC has extended the tax self-assessment deadline by a month, until 28 February, after conceding that some people were struggling and needed more time.
 
The 11th hour move provides a breathing space for more than 3 million people who have still not filed their 2019-20 tax return.
 
The official deadline for completing a return was Sunday 31 January, after which a £100 late filing penalty would be automatically imposed. But HMRC said it recognised “the immense pressure” many individuals were facing as a result of the pandemic, adding: “It has become increasingly clear that some people will not be able to file their return by 31 January.”
 
As a result, those who file late will not receive a penalty, provided their return is submitted by 28 February.
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Added By: Sharon Worger on 02nd Feb 2021 - 15:17
Number of Views: 22
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