HMRC is sending out 850,000 £100 self assessment fines

HMRC issue 850,000 fines for late filing of tax returns

HMRC has confirmed that it will send out 850,000 £100 penalty fines by February 20th for taxpayers who missed the self assessment filing deadline of January 31st.

HMRC says 1.8m people have still to submit their tax return

Last minute tips for completing self assessment tax returns

HMRC says that at the start of today 1.8 million people had still not filed their tax returns or paid the tax they owe for 2011-12. Find out if you are one of them.

Insurers clamping down on drivers using handhelds

AA: Texting motorists risk insurance hike and loss of cover

Motorists caught using a handheld device to phone, text or email while driving can expect a hefty premium hike or have their cover withdrawn, the AA has warned.

HMRC reports a 39 per cent drop in late self assessment tax returns this year

Taxman sends out 850,000 self assesment fines, down 39% on 2011

HMRC reports a 39 per cent drop in fines sent out to self assessment taxpayers this year and puts it down to better advertising and stronger penalties.

Barclays failed to train staff, it was found

Barclays forced to pay £7.7m over advice failings

Barclays has been fined £7.7 million for investment advice shortcomings, with customers potentially able to claim back a portion of £60 million in compensation.

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