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Dear customer, Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their 2019-20 tax return late, as long as they file online by 28 February. We are still encouraging customers who have not yet filed to do so by 31 January, if possible. Customers still need to pay their Self Assessment tax bill by 31 January. Interest will be charged from 1 February on any outstanding liabilities. Customers can pay online, or through their bank, or by post before they file. If any customer cannot afford to pay by 31 January, they may be able to set up an affordable plan and pay in monthly instalments. But they will need to file their 2019-20 tax return before setting up a time to pay arrangement. More information is available on GOV.UK. |
Japan's economy falls into recession as virus takes its toll 18 May 2020 62 comments Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share Related Topics Coronavirus pandemic Image copyright GETTY IMAGES Japan has fallen into recession for the first time since 2015 as the financial toll of the coronavirus continues to escalate. The world's third biggest economy shrank at an annual pace of 3.4% in the first three months of 2020. The coronavirus is wreaking havoc on the global economy with an estimated cost of up to $8.8tn (£7.1tn) . Last week, Germany slipped into recession as more major economies face the impact of sustained lockdowns. Japan did not go into full national lockdown, but issued a state of emergency in April which severely affected supply chains and businesses in the trade-reliant nation. Coronavirus pushes German economy into recession What shape will the coronavirus recession be? Cor...
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