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SELF-ASSESSMENT: Over TWO MILLION expected tax returns miss 31 January deadline say HMRC

by todayminutes
February 2, 2022
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More than 10.2 million customers filed their 2020/21 tax returns by the 31 January deadline, HM Revenue and Customs (HMRC) has revealed.

More than 630,000 customers filed on deadline day and the peak hour for filing was 4pm to 4.59pm when 52,475 completed their Self Assessment. There were 20,947 customers who completed their tax return between 11pm and midnight.

More than 12.2 million customers were expected to file a Self Assessment tax return this year. The remaining 2.3 million customers expected to file by 31 January now have until 28 February to submit their late 2020/21 tax return and avoid a late filing penalty.

For any Self Assessment customer who is yet to pay their tax bill or set up a payment plan, interest will be applied to outstanding balances from 1 February. Customers have until 1 April to pay their tax in full, or set up a time to pay arrangement, to avoid a late payment penalty.
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