Self Assessment: HMRC urged to extend deadline by two weeks – ‘deteriorating situation’ | Personal Finance | Finance


Bearing this in mind, the Chancellor Rishi Sunak, alongside HMRC, has been called upon to take action on the matter and provide a reprieve for self-employed people and others completing their tax return.

The Institute of Chartered Accountants in England and Wales (ICAEW), has requested the Government reconsider its stance on late-filing penalties in light of the impact of the pandemic.

Michael Izza, Chief Executive of ICAEW, has written to Jim Harra, the Chief Executive of HMRC to convey this viewpoint.

Mr Izza has argued the effects of the latest lockdown, and a surge in COVID-19 cases, mean late-fling penalties should be waived for at least two months, and HMRC should also extend helpline opening hours. 

READ MORE: SEISS warning: Britons must declare grants in future tax returns

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