Martin Lewis warns 1.8m workers face penalty fines for missing HMRC tax deadline
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mirror.co.ukMartin Lewis has warned taxpayers face penalty fines as almost two million workers miss the tax return deadline. HMRC said the final deadline has been extended until February 28 - meaning millions will escape the annual £100 penalty fine.
However, Martin Lewis says bills could still mount up from this week. "HMRC is waiving £100 fines for people who file returns after the January 31 deadline but by the Feb 28 cut-off," the consumer expert wrote in this week's MoneySavingExpert newsletter. "But 2.6% interest is still charged on outstanding tax from February 1, so many should consider paying an estimate ASAP even if they haven't done their return, and fail to do it before March 3 there's a 5% fee on top." Most UK workers have tax deducted
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