| UPDATED: 08:04, Wed, Jan 27, 2021
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Self-assessment is undertaken by people who own a business or have a side income in the UK, and requires them to fill out tax returns. Most people have their taxes deducted automatically from wages, pensions and savings, and HMRC will evaluate and send over a bill for anything leftover. The upcoming self-assessment deadline applies to the previous financial year, which runs from April 6, 2019, to April 5, 2020.
| UPDATED: 16:15, Sun, Jan 24, 2021
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Rishi Sunak announces £4.5 billion in lockdown business support Sign up to receive our rundown of the day s top stories direct to your inbox
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Rishi Sunak replaced the former chancellor of the Exchequer Sajid Javid just weeks before the 2020 Budget. Since then, he has become a household name and has been key to the government’s financial response to the coronavirus pandemic, unveiling a raft of measures from a furlough scheme to the self-employed grants.