Tax return deadline to be missed

1.3m Britons set to delay tax returnsA new survey shows that more than one million people plan to put off tax returns and risk having to pay £130m in fines to HMRC. While tax returns must be filed by January 31 2021, almost 30% of those polled said the coronavirus crisis had made them more likely to put off dealing with their tax return. This equates to around 1.3m of Britain's 4.5m freelance taxpayers. It was found that three in ten would wait until January to file their tax return, with 45% of these taxpayers planning on leaving it until the final week of the month and 6% planning to file on January 31. Those who miss the deadline face a £100 fine.