Home Business News Millions have less than a month to submit their tax return or face a fine, HMRC warns

Millions have less than a month to submit their tax return or face a fine, HMRC warns

by LLB Finance Reporter
3rd Jan 23 12:39 pm

HM Revenue and Customs (HMRC) has said that around 5.7 million people have less than one month to submit their tax return.

By 31 January 2023 more than 12 million taxpayers will have to submit their tax return for the tax year 2021/2022.

According to HMRC around 42,500 people submitted their tax return on New Year’s Eve or on New Year’s Day.

HMRC are warning that those who miss the 31 January deadline could face a fine of £100 even if there is nothing to pay.

Myrtle Lloyd, HMRC’s director-general for customer services, said, “There is less than one month for customers to submit their tax returns and my message to those yet to start is: don’t delay, do it online.

“HMRC provides lots of useful information to help you get started. Visit gov.uk and search ‘self assessment’.”

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