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Read More »HMRC gives new response as ‘£100 penalty set to hit one group’ | Personal Finance | Finance
Self-employed workers on lower incomes are considerably more likely to miss the self-assessment deadline than their higher-earning counterparts, figures from HM Revenue and Customs (HMRC) suggest. In 2023-24, approximately 5.9% of below basic rate tax self-employed filers submitted their return after the January 31 deadline, compared with 3.1% of basic …
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