HMRC says people filing an annual self-assessment tax return online could avoid paying a penalty if they have a coronavirus-related excuse. The tax office said that it will accept disruptions caused by the pandemic as a reasonable excuse for people missing the deadline, meaning they may be able to appeal the standard £100 fine for missing the January 31 cut-off. Those wishing to cite the pandemic as a reason for a late submission must prove the crisis has had an impact and how it caused a delay.
Read more: Daily Star
Visit our website here for more news and product information, or click the button below to submit a short enquiry form for your finance needs.