Coronavirus Latest News
Self-assessment: tips for filing your UK tax return to avoid risk of a £100 fine
As HMRC’s deadline looms, here’s a guide to cutting your bill by taking advantage of the various reliefs
If you are among the 12.2 million people required to file a self-assessment tax return but are yet to complete it, you’d better get your skates on as there is just over a fortnight to go until the midnight on 31 January deadline.
For the last two years, HMRC has waived the £100 late-filing penalty but those yet to file shouldn’t bank on the same level of goodwill this year, the accountancy firm BDO is warning.
Read the original article at The Guardian