Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
Andrew Feinberg
White House Correspondent
If you don't complete your tax return by the end of October, you could be in line for a fine. Paper self-assessments must be returned to HM Revenue & Customs by this Friday – 31 October.
Miss the deadline and you'll get a £100 fine. However, you have until the end of January to file online. For help call the self-assessment helpline on 0300 200 3310.
Meanwhile, the net is closing in on people who have invested in deliberate tax-avoidance schemes. HMRC has sent 600 "accelerated payment notices" – which gives recipients 90 days to pay – to those it believes may have used the schemes. It will be sending 2,500 a month by January and expects to have targeted 43,000 people, covering £7.1bn of disputed tax, by April 2016. The average demand is around £155,000, but in some cases may be more than £1m.
The Treasury Secretary David Gauke said: "It is only fair that those who use avoidance schemes should have to pay their tax upfront, like the vast majority of other taxpayers who don't try to shirk their responsibilities."
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments