Published • loading... • Updated
List of 'Reasonable Excuses' HMRC Will Accept if You Miss January Tax Deadline
HM Revenue and Customs warns that late filers face an initial £100 penalty, with potential fines reaching £106 million if delays persist, urging prompt submission via digital services.
- HMRC is urging the 3,3million people who have yet to file to submit returns within eight days to avoid a £100 penalty, with the Self Assessment deadline on January 31 and phone lines closing January 30 and reopening February 2.
- Frozen tax thresholds and higher interest income have pushed more landlords, higher-rate income taxpayers, and pensioners into Self Assessment, with HMRC creating Simple Assessment to ease pensioners' tax calculations.
- The penalty schedule shows that if tax remains unpaid, interest is added, and HMRC online services and the HMRC app are available around the clock.
- Estimates show if late-filing rates repeat this year, HMRC could collect £106m from automatic penalties, but customers who miss the deadline with a reasonable excuse may avoid a penalty.
- From April 6, 2026, Making Tax Digital for Income Tax will require sole traders and landlords with more than £50,000 to submit quarterly summaries, HMRC notes.
Insights by Ground AI
23 Articles
23 Articles
+12 Reposted by 12 other sources
HMRC cash grab looms as 3m risk £100 fines as £106m penalties loom next week
More than 3 million taxpayers have still not filed their HMRC Self Assessment return
·Scotland, United Kingdom
Read Full ArticleReposted by
Wales Online
HMRC sends eight-day warning to 3.3million people over £100 fine
The fine is automatic and will be applied whether you owe tax or not
·Somerset, United Kingdom
Read Full ArticleCoverage Details
Total News Sources23
Leaning Left3Leaning Right0Center15Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
Factuality
To view factuality data please Upgrade to Premium









