HMRC issues £100 tax fines with specific group of workers most at risk

1 sources1 storiesFirst seen 5/5/2026Score23Mixed Progress

Single Source

Bigness

Coverage

Recency

Engagement

Velocity

Confidence

Clipability

Polarization

Claims

Contradictions

Breakthrough

Sentiment Mix

Positive0%

Neutral100%

Negative0%

Geography

North America

Expert Signals

GB News - News

source • 1 mention

AI-Generated Claims

Generated from linked receipts; click sources for full context.

HMRC issues £100 tax fines with specific group of workers most at risk.

Supported by 1 story

Self-employed workers on lower incomes are significantly more likely to miss the self-assessment deadline and incur automatic £100 fines, new figures from HM Revenue and Customs (HMRC) show.Data released on Tuesday highlights a clear divide between income groups when it comes to meeting the January 31 filing cutoff.The statistics, obtained by PensionBee through a freedom of information request, indicate those earning the least face the highest risk of penalties.During the 2023 to 2024 tax year, around 5.9 per cent of self-employed individuals earning below the basic rate threshold filed their returns late.

Supported by 1 story

TRENDING Stories Videos Your Say This compares with 3.1 per cent of basic rate taxpayers, 2.7 per cent of higher rate taxpayers and 2.6 per cent of additional rate taxpayers.The difference between the lowest and highest earners is more than double.In total, approximately 180,000 self-employed individuals submitted their tax returns after the deadline.Of those, around 94 per cent...

Supported by 1 story