| UPDATED: 15:26, Tue, Jan 26, 2021
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The official deadline to submit tax deadlines falls on January 31, 2021, which doesn’t leave much time for workers who want to do this on time. Before you can complete and submit your tax return, you’ll need to have a unique taxpayer reference (UTR) and activation code. This can take a while to receive, so if it’s your first time filing taxes make sure to register as soon as possible. If you’ve already signed up for self-assessment, you can find your UTR on relevant correspondence from HMRC.
Tax return warning as payment still due despite easing of deadline
HMRC will not issue fines for returns filed in February, but taxpayers still need to pay their bill by the end of this week
25 January 2021 • 6:33pm
No fines will be issued for those who file their return in February
Credit: PA
Taxpayers could be “lulled into a false sense of security”, experts warned, after HMRC delayed the deadline for filing a return but not payment.
Self-employed workers were due to file their returns by January 31, but will now have until February 28 to do so online after the taxman announced fines will be waived for a month.
Self-assessment customers will not receive a penalty for submitting late online tax returns if they file by February 28, HM Revenue and Customs (HMRC) has announced.
The revenue body is still encouraging anyone who has not yet filed their tax return to do so by the January 31 online returns deadline, if possible.
Anyone who cannot file their return by January 31 will not receive a late filing penalty if they file online by February 28.
Taxpayers are still obliged to pay their bill by January 31. Interest will be charged from February 1 on any outstanding liabilities.
HMRC’s chief executive Jim Harra said: “We recognise the immense pressure that many people are facing in these unprecedented times and it has become increasingly clear that some people will not be able to file their return by January 31.
The tax deadline next week is expected to trigger chaos, with millions of self-employed people and pensioners unsure if they will be fined for filing their return late.Campaigners have urged HM
British businesses will spend £7.5 billion a year handling customs declarations as much as they would have done under a no-deal Brexit the tax office admitted yesterday.Jim Harra, chief executive