HMRC Warns Thousands of Households About £100 Fine Ahead of October 31 Deadline

Over 335,000 households have been warned they will face a £100 fine if they miss an HMRC deadline at the end of the month. To avoid penalties for filing a paper self-assessment tax return, they must submit their forms by October 31.

HMRC Urges Action to Avoid Fines

Many firms may allow online submissions before the January deadline, but some will still require paper forms. Taxes must be paid if you have additional income from self-employment, savings, rental income, or other sources, reports BirminghamLive.

Alastair Douglas, CEO of TotallyMoney stated: “For many, submitting tax returns online by January the 31 2025 will not only be the easier option, but the one which buys the most time. However, more than 300,000 people are quickly headed toward this month’s October 31 paper tax return deadline.

“With fines of £100 in place for late submissions of up to three months, it’s important not to get caught out. And if you need to fill in the foreign income and gains, or the trust and estate pages — you’ll be required to do it with a paper form as they’re not available to complete online.

HMRC Provides Support for Tax Returns to Those in Need

Mr Douglas says that some people might find paper forms easier for tax returns, especially those with specific needs. This includes folks with dyslexia, autism, sensory disabilities, or mental health issues like stress and depression.

If this is you, reach out to HMRC’s extra support team for help. They can assist you through video calls or phone appointments. Just explain your situation when you contact them.

You can also have someone help you with your HMRC matters. This doesn’t have to be a tax expert; it could be a friend or family member you trust. There are forms for this, so don't hesitate to ask for help if you need it.