HMRC’s Tax Fine Shake-Up: Penalty Points Loom as Making Tax Digital Hits Landlords
London, January 22, 2026, 11:28 GMT HMRC plans to scrap automatic late-filing fines in favor of a penalty-points system for those enrolled in its Making Tax Digital programme. Landlords, however, say they’re unprepared and are lobbying for softer penalties at the start.https://www.telegraph.co.uk/money/tax/news/hmrc-to-replace-fines-with-penalty-point-system/ The deadline for the 2024/25 self-assessment tax year is 11:59 p.m. on Jan. 31. Taxpayers must pay any owed tax by that point as well. Missing this cutoff will lead to penalties under the current rules.https://www.gov.uk/self-assessment-tax-returns/deadlines Starting April 6, the government will require self-employed individuals and landlords with income over £50,000 to comply with Making Tax Digital for