HMRC Self Assessment deadline fallout as 1million face fines
HMRC confirmed that 11.48 million people filed on time for the 2024 to 2025 tax year, with 97.25% of returns submitted online. However, missing the deadline comes at a price. Late filers are hit with an automatic Β£100 penalty, even if no tax is owed, meaning the Treasury is already on course to collect around…