hmrc to fine uk households 100 for late self assessment tax returns starting january 2025

Are you prepared to navigate HMRC’s latest penalty rules? From 2025, HM Revenue and Customs (HMRC) will be rolling out a stricter penalty regime for Self Assessment tax returns. A flat £100 fine will apply for every late submission, regardless of whether any tax is owed. This policy aims to encourage timely tax filings and […]