Millions of people have yet to file their self-assessment tax return with the HMRC as the deadline fast approaches. The tax authority has warned those who fail to do so could face major financial penalties.
Around 5.4 million people still need to complete the online assessment, including many thrifty entrepreneurs who use platforms like Vinted, eBay, and Etsy. From January last year, the rules changed to ensure people making money online are paying the correct amount of tax.