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| Online self-assessment tax return deadline looms | Online self-assessment tax return deadline looms |
| (about 1 hour later) | |
| The deadline for filing online tax returns is looming for thousands of taxpayers but some hit by flooding can apply for an extension. | The deadline for filing online tax returns is looming for thousands of taxpayers but some hit by flooding can apply for an extension. |
| Self-assessment forms must be completed by the end of Sunday, with penalties facing those who miss the deadline. | Self-assessment forms must be completed by the end of Sunday, with penalties facing those who miss the deadline. |
| There are also penalties for those who fail to pay outstanding tax, through a 3% interest charge. | There are also penalties for those who fail to pay outstanding tax, through a 3% interest charge. |
| Those affected by the flooding in late December and early January can apply for a later deadline. | Those affected by the flooding in late December and early January can apply for a later deadline. |
| This option is open to those who have been forced out of their homes and businesses, or have seen paperwork and computers damaged. | This option is open to those who have been forced out of their homes and businesses, or have seen paperwork and computers damaged. |
| Labour's John McDonnell publishes tax return | |
| However, the tax authority is far less likely to grant an extension to HSBC customers who were hit by online banking problems on Friday. | However, the tax authority is far less likely to grant an extension to HSBC customers who were hit by online banking problems on Friday. |
| Tax returns are generally required from the self-employed and those with more than one source of income. | Tax returns are generally required from the self-employed and those with more than one source of income. |