Over 10.7 million people submitted their 2019/20 return by the deadline.
1.8 million taxpayers still to file self-assessment returns
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Over 10.7 million people submitted their 2019/20 return by the deadline.
The business group identified six elements to help firms prepare.
Around four million UK workers were furloughed at the end of December.
Around 15% of businesses are at “great risk” of imminent closure
Employees’ salaries currently attract more in tax than self-employed individuals.
Unemployment increased to 5% in the three months to November 2020.
Fines to kick in after 28 February 2021.
The proportion of borrowing £1,000 or more increased to 45%.
Taxpayers could face fines totalling to £250 million.