HMRC extended the deadline for completing 2020/21 tax returns to 28 February, deferring late filing penalties for a second year.

About 12.2m taxpayers are expected to file a tax return for 2020/21 tax year and more than 10.2 million were received by 31 January. This still leaves 1.5m tax returns which need to be completed.

HMRC has given taxpayers until 1 April to pay their outstanding tax bill or set up a time to pay arrangement to avoid receiving a late payment penalty. Interest has been applied to all outstanding balances since 1 February.