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Millions risking £900 fines as HMRC issues two-week tax warning

  • HM Revenue and Customs warns millions of taxpayers about the approaching self-assessment deadline on January 31.
  • More than 7.4 million self-assessment customers have already filed their tax return for the 2023 to 2024 tax year since April 6, 2024.
  • Missing the January 31st deadline incurs a £100 penalty, even if no tax is owed, according to Daniel McAfee, Head of Legal Operations at LawHive.
  • Myrtle Lloyd, HMRC’s Director General for Customer Services, advises taxpayers not to wait until the last minute to file their tax return.
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