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Her Majesty's Revenue and Customs (HMRC) expects to issue some 850,000 penalties for late tax returns over the next fortnight, 550,000 fewer than the same time last year.
More than one million taxpayers face a penalty of £100 for failing to submit their self-assessment tax returns on time.
HMRC has extended by two days the deadline for taxpayers to file their online self-assessment tax returns, after industrial action threatened "chaos" at its call centres on deadline day.
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HMRC has issued a warning to the self-employed to ensure online tax returns are submitted by 31 January or they will face a £100 fine.
An illegal immigrant has been jailed for three and a half years after carrying out a £500,000 tax fraud.
Self-cert mortgages made up just 0.7% of brokers’ business in Q2 this year, according to Paragon Mortgages.
The FSA says it is not blocking self-employed and contract workers from getting a mortgage by banning self-cert products.
The Treasury is seeking consultation from the protection industry on a proposal to allow pension term assurance for consumers who self-certify they have a pension provision.
The Investment Management Association has produced a simple fact sheet for consumers explaining what they need to tell their taxman about their unit trust investments.
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