Category Archive: Tax Blog

Late filing penalties waived for one month to give taxpayers more time to prepare 2020/21 tax return

Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their 2020 to 2021 Self Assessment tax return, it has been announced.

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HMRC hikes late payment interest rates

The rate of interest charged on late payments by HM Revenue & Customs (HMRC) has increased, it has been announced.

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Did you open presents or submit tax returns on Christmas?

According to HM Revenue & Customs (HMRC), over 31,000 Self Assessment tax returns were submitted between Christmas Eve and Boxing Day.

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