Deadline Looms for Tax Returns

Summary


Act now or face the penalty is the message from HM Revenue and Customs as the deadline for paper tax returns draws nearer. Around 110,000 people throughout Lincolnshire are expected to file a self assessment tax return this year.

Failure to submit the paperwork before the October 31 deadline will result in a Pounds 100 fine after the introduction of a new penalty scheme this year. Since the new legislation, penalties are still incurred if there is no tax to pay or the tax due is not paid on time.

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Deadline Looms for Tax Returns

If not submitted thr...

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