HMRC urges 12 million UK taxpayers to file self-assessment returns by Jan. 31 to avoid a £100 fine.

HMRC warns 12 million UK taxpayers to submit their self-assessment tax returns by January 31 to avoid a £100 fine. Last year, taxpayers spent an estimated 7 million hours on hold to HMRC, with average wait times of 27 minutes. HMRC offers a tool to help determine who needs to file, including those who are self-employed earning over £1,000, with total taxable income over £150,000, or who have to pay Capital Gains Tax.

3 months ago
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