Thousands of UK Companies Face Collapse as HMRC Demands Overdue Taxes - Full Regional Breakdown Friday, January 30, 2026 hmrc tax ukbusinesses financialdistress zombiecompanies economy corporatetax smallbusiness debt crisis Thousands of UK companies are at risk of collapse as HM Revenue & Customs (HMRC) intensifies efforts to collect £27 billion in overdue taxes. A recent report from Begbies Traynor reveals that 68,000 companies are … Read More
HMRC Chief Urges Brits to File Self Assessment Early to Avoid Penalties Tuesday, January 27, 2026 hmrc selfassessment taxdeadline penalties taxfiling paymentplan taxreturns uktax taxhelp deadline HM Revenue and Customs (HMRC) has issued a crucial reminder for millions of UK taxpayers to submit their Self Assessment tax returns before the January 31, 2026 deadline. With just one week remaining, those who delay risk … Read More
HMRC Replaces Fines with Points-Based Penalty System for UK Taxpayers Thursday, January 22, 2026 hmrc makingtaxdigital selfassessment fines penaltypoints taxreturns taxation digitaltax uktax taxpayers HM Revenue and Customs (HMRC) is overhauling its approach to late self-assessment tax returns, replacing automatic fines with a new penalty points system. This change is set to begin this month with a trial involving 100 … Read More
HMRC Warns UK Self-Employed on £1,000 Earnings Rule Amid 2024/25 Tax Return Deadline Sunday, January 18, 2026 hmrc selfassessment taxreturn selfemployed paye capitalgains childbenefit paymentplan taxdeadline interestrates HM Revenue & Customs (HMRC) is preparing to issue fines to UK households who work for themselves if they fail to file a tax return despite earning over £1,000. According to the latest HMRC figures, more than 12 million … Read More
£100 HMRC Fines Loom for Missing January Self-Assessment Deadline Saturday, January 17, 2026 hmrc tax selfassessment deadline penalty filing payment app taxreturn fine The deadline for submitting self-assessment tax returns is set for 11:59 pm on January 31, and HM Revenue and Customs (HMRC) has issued a clear warning: millions of households risk financial penalties if they miss this date. … Read More
HMRC to Begin Issuing £100 Fines as Self-Assessment Deadline Approaches Friday, January 16, 2026 hmrc selfassessment taxreturns fines deadline selfemployed taxpenalties childbenefit incometax taxhelp HM Revenue and Customs (HMRC) is set to start issuing £100 fines in just two weeks to those who miss the self-assessment tax return deadline. Millions of self-employed individuals and higher earners across the UK are urged to … Read More