Private Client Adviser: Taxpayers could find themselves with a daily penalty increase if they continue to fail to submit their return. HMRC has issued 890,000 people with a £100 penalty fine for failing to complete their tax returns by the 31 January deadline.
Full story: http://www.privateclientadviser.co.uk/news/tax/hmrc-issues-almost-%C2%A3100m-late-tax-return-penalties