Parliamentary Committees and Public Enquiries
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Mel Stride welcomes HMRC waiving fines for late self-assessment returns

HMRC yesterday announced that its self-assessment customers will not receive a penalty for their late online tax return if they file by 28 February.

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The Treasury Committee questioned Jim Harra, Chief Executive of HMRC, in December 2020 on deadlines for tax returns.

Chair's comments 

Commenting on the announcement, Rt Hon. Mel Stride, Chair of the Treasury, yesterday said:

“The Treasury Committee has highlighted that in the current circumstances, it may be difficult for people to meet the 31 January deadline for filing a self-assessment tax return, which may have resulted in an automatic £100 penalty.

“HMRC’s decision to waive this fee so long as tax returns are filed by 28 February is therefore welcome.

“The decision will provide the flexibility that many individuals and businesses require during this difficult time.”

Further information

Channel website: http://www.parliament.uk/

Original article link: https://committees.parliament.uk/committee/158/treasury-committee/news/138715/mel-stride-welcomes-hmrc-waiving-fines-for-late-selfassessment-returns/

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