‌In today's update, HMRC stated: " Anyone who missed the deadline should file their return as soon as possible to avoid any further penalties. Interest of 7.7% is also levied on outstanding tax, with penalties potentially surpassing £1,600+ plus tax owed. Mr Lewis declared in an X video: "Do you need to do a tax return? ‌Myrtle Lloyd, HMRC's chief customer officer, said: "What better way than to ensure your tax affairs are in order for another year than completing your tax return. HMRC clarified that individuals can begin their tax return, save it and revisit it as frequently as required before submission.

Source: Daily Mirror February 01, 2026 12:10 UTC