HMRC has confirmed that a record 11.7 million self assessment income tax returns were submitted on time for tax year 2021/22 by 31 January 2023.
HMRC data revealed that:
Penalties for Late Filing
There is no excuse for filing late returns. We already have nearly 10 months between end of the tax year 5th April and the following 31 January to file our self assessment returns. Even if you are in trouble and worried you can contact HMRC, Citizens Advice or a tax specialist such as us to help you.