Four in ten of all fines issued by HM Revenue & Customs for late filing of tax returns are meted out to people who earn too little to owe any tax in the first place, according to an investigation by tax campaigners. Between 2018 and 2022, 420,000 late-filing penalties issued by the tax authority were to people who earned less than the personal tax allowance and therefore owed no tax. – The Times
Landlords’ guide to your 2022-23 tax return (and how to beat HMRC)
Telegraph Money reveals how to minimise your bill and avoid any penalties - see here (subscription may be necessary)....
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