Self Assessment Penalties Waived For A Month

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HMRC has recognised the pressures and constraints resulting from the impact of COVID-19 by waiving late submission penalties for one month relating to the submission of tax returns due for the year to 5 April 2021. 

Anyone who cannot file their return by the 31 January 2022 deadline will not receive a late filing penalty if they file online by 28 February 2022. Late interest on any owing tax amounts will still continue to be charged, so it would be best if you can complete and pay your tax return by 31 January 2022. 

Anyone who cannot pay their Self Assessment tax by 31 January 2022 will not receive a late penalty if they pay their tax in full, or setup a Time to Pay Arrangement by 1 April 2022.