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Accounting FirmsHMRC

HMRC’s late payment waiver a ‘lifeline to taxpayers’

The tax authority had previously announced that it would waive the 5% late payment penalty that usually applies from 3 March 2021 for taxpayers who pay or set up a payment plan by 1 April 2021

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HMRC’s decision to waive Self-Assessment late payment penalties is a “lifeline to taxpayers”, according to accountancy firm Lamont Pridmore

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