18,000 UK solar owners could face HMRC fine Friday
UK homeowners earning SEG income must declare if total trading income exceeds £1,000 or risk automatic £100 fines for missed paper self-assessment deadlines.
Outdated HMRC system leaves investors at risk of CGT penalties after mid-year rate rise
HMRC's self-assessment system applies pre-budget CGT rates, risking underpayments, fines, and interest for many taxpayers after the 30 October 2024 rate increase.