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Fines for missed deadlines

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Fines for missed deadlines

Self employed workers who missed the tax filing deadline face daily penalties if they fail to submit their tax return on time.

An estimated 731,000 people missed the cut off and those failing to submit their tax return before 30th April are set to be fined £10 per day for up to 90 days plus a £200 late filing charge.  This penalty will then increase further after 90 days.

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