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Tax Return Deadline Extended With days left before 31 January, HMRC’s chief executive Jim Harra has finally conceded that HMRC will extend the tax return deadline and will not charge late filing penalties for online tax returns submitted by 28 February. He stated that this will 'give [taxpayers] the breathing space they need to complete and...
Following a rapid rise in COVID infections, from yesterday 5th January 2021, England has been placed into a new lockdown and now the Chancellor has announced £4.6 billion of new lockdown grants to help support businesses forced to close. The lockdown in England is expected to last until March with a review not due to...
HMRC have responded to a letter from all the main accounting bodies to extend the January 31st tax return deadline this year and remove tax return penalties. HMRC’s chief executive Jim Harra said to do so would encourage some taxpayers to file late despite being able to do so in time. HMRC will not waive late...
