Online self-assessment tax returns due by midnight
- Millions face a potential £100 penalty if they do not file their online self-assessment tax returns by midnight, as warned by HMRC.
- New rules require sellers of 30 or more items on platforms like eBay and Vinted to share their sales information with HMRC for tax assessments.
- Those without a reasonable excuse for missing the deadline will incur increasing penalties, starting with a £100 fixed penalty.
- Around 8.6 million people have declared their tax for the year 2023-2024, including small businesses and individuals with extra income outside their jobs.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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