Late fees for self-assessment tax payers to be waived by HMRC if they set up payment plan by April 1


SELF-employed workers who pay their tax or set up a payment plan by April 1 won’t be charged a 5% late fee. But taxpayers are still urged to settle any outstanding amount as soon as possible, as you’re still charged interest. Normally, a 5% late payment penalty is charged on any unpaid tax that is […]
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