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HMRC remind taxpayers to file returns to avoid penalty

HMRC have issued a reminder that Self Assessment (SA) taxpayers who have not yet filed their 2019/20 tax return should do so by 28 February 2021 to prevent a £100 late filing penalty charge.

Taxpayers who have outstanding liabilities for the year have until midnight on 1 April 2021 to pay any outstanding tax or set up a payment plan to prevent a 5% late payment penalty.

Further details can be found in the HMRC press release.

 

 

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