Self Assessment late filing penalty!

The deadline for avoiding a £100 late filing penalty for a 2020/21 self assessment tax return is 28 February 2022. While 10.7m taxpayers have successfully filed their self assessment tax return for 2020/21, a further 1.5m need to file by 28 February 2022 to avoid a £100 late filing penalty. The usual date on which a penalty would have been due, 31 January 2022, was put back by four weeks to allow more time due to the pandemic.

 

Daily penalties of £10 per day will, in most cases, start to accrue from 1 May 2022 for returns that remain unfiled.

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