Self-Assessments: filing deadline extended, but late payment fine remains

In response to the disruption caused by the Covid 19 pandemic, HMRC have extended the filing deadline for online self-assessment tax returns.

If you’re not able to file by 31st January, you have another month to get your return submitted.

Late filing penalties won’t be applied until after 28th February 2022. However, HMRC are still expecting payment, even without a filed return. You’ll be charged late payment interest if you don’t pay your tax bill in full by 31st January.

£700 million available for businesses most affected by Covid19

The Government has awarded a further £700 million worth of support to local authorities.

The money will be given as grants to businesses in the hospitality, leisure and accommodation industries who have continued to struggle with the impact of the pandemic.