HMRC urges millions to act early to escape 'unwelcome' £100 fine

manchestereveningnews.co.uk:

Taxpayers have been reminded to get ahead of the game and file their HMRC Self Assessment tax returns well before the January 31 deadline to avoid penalties.

Hazlewoods, a prominent accountancy and business advisory firm, is advising individuals to tackle their tax returns promptly to sidestep last-minute errors and fines.

Tax partner at Hazlewoods, Nick Haines, commented to say: "I know the last thing people want to think about over the festive period is their tax return but by getting it done as soon as possible they can avoid stress and unwelcome surprises in January." He also warned of the increased risk of scams as the deadline approaches, saying: "As we get closer to the end of January, phishing emails will be on the rise.

Fake offers, tax rebates or emails and calls demanding personal financial information should be reported immediately. Scams today have become so advanced, they can be increasingly difficult to spot." However, he added that vigilance could help avoid some scams, saying: "However, if people remain cautious and report anything that seems 'off', then hopefully some can be avoided." Myrtle Lloyd, HMRC's Director General for Customer Services, has also issued a reminder, stating: "The countdown to the Self Assessment deadline has begun but there is still time to thoroughly prepare and file an accurate tax return by 31 January. "You can access online help and support to help you file.