HMRC warns 5.4 million UK individuals they may face £100 fines for missing tax return deadlines.

HMRC warns 5.4 million UK individuals they might face £100 fines for missing their tax return deadlines. Those who sell items online, are self-employed, earn over £150,000, or claim Child Benefit with an income over £50,000 annually are required to file. Penalties include a £100 fine, daily charges, and increased penalties if unpaid. Individuals are advised to check their tax status on GOV.UK and contact HMRC if they face issues.

3 months ago
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