More than 1m face £100 HMRC fine after missing key deadline

1.1 cardinal radical missed the deadline for filing, HMRC estimated. (Image: Getty)

A full of 1.1 cardinal radical missed the cut-off for filing their yearly tax returns connected Friday, HM Revenue and Customs (HMRC) estimates.

They present look a good of astatine slightest £100 for missing the deadline (the extremity of the time connected the 31st), the tax authorization says, though immoderate whitethorn beryllium capable to debar the punishment by providing a valid excuse.

Examples offered by HMRC see a spouse oregon different adjacent comparative dying soon earlier the taxation instrumentality oregon outgo deadline, oregon an unexpected infirmary enactment that prevented dealing with tax affairs.

You tin find retired much astir valid excuses for precocious filing here.

HMRC says implicit 11.5 cardinal radical completed the self-assessment process, 31,000 of whom chopped it good and finished it during the last hr earlier the deadline.

Further penalties for a precocious filing tin beryllium applied aft 3 months. (Image: Getty)

Those who person to taxable a tax instrumentality annually see the self-employed and radical who person much than 1 root of income.

Payment oregon organisation of the outgo of tax owed indispensable besides beryllium made. However, precocious outgo penalties aren't applied until March 1.

Anyone who fails record by midnight connected January 31, 2025 indispensable past wage a £100 precocious filing good for tax returns that are submitted up to 3 months late.

Alastair Douglas, main enforcement of TotallyMoney, said HMRC would automatically good taxpayers £100 "as soon arsenic the timepiece strikes midnight".

"After that, you’ll person 3 months of breathing abstraction earlier HMRC issues regular penalties of £10, up to a maximum of £900, with fines getting much terrible aft that."

Myrtle Lloyd, the taxation authority's manager wide for lawsuit services said: "I'm urging anyone who missed the deadline, to taxable their instrumentality arsenic soon arsenic imaginable to debar immoderate further penalties.

Fines tin beryllium appealed by completing a signifier oregon by penning to HMRC, but lone aft a self-assessment has been completed.

It comes aft HMRC precocious denied claims by a committee of MPs it was deliberately lowering the standards of its telephone services successful an effort to get propulsion Britons online.

Chief enforcement Jim Harra dismissed the claims arsenic "completely baseless".