HMRC to Fine UK Households £100 for Late Self-Assessment Tax Returns Starting January 2025
HMRC automatically issues an immediate £100 fine to any UK taxpayer who misses the 31 January Self-Assessment online filing deadline, even if no tax is owed or the return is one day late. Daily penalties accrue after three months, alongside separate late payment charges and interest on unpaid tax balances. Key Takeaways Missing the 31…