Three deadlines you can’t afford to miss today
Provident mis-selling refund claim – 5pm today
Customers of Provident, Satsuma, Glo and Greenwood can claim for mis-selling up until 5pm on 28 February 2022.
An estimated four million people may be able to claim a share of £50m under the scheme.
If you received a loan from PPC or Greenwood, or guaranteed a loan from Glo, between 6 April 2007 and 17 December 2020, visit the Provident scheme page to claim.
Mis-selling claims include customers being sold unaffordable loans. Some borrowers couldn’t keep up with repayments while others borrowed money to pay them – and got into more debt.
See YourMoney.com’s Provident page for more information.
Tax return late filing penalty
Over a million people are yet to submit their 2020/21 tax return. HM Revenue & Customs (HMRC) waived the £100 late filing penalty for anyone submitting their return by 28 February, so you have tonight to file to avoid the fine.
However, customers have until 1 April to pay tax or to set up payments to avoid a late payment penalty, though interest of 3% on the outstanding amount is accruing.
Self-Employment Income Support Scheme (SEISS)
Self-employed people have been given one final chance to claim SEISS grants if they failed to apply by the original deadlines.
HMRC has confirmed that late claims for SEISS can be made for the final time today, “but only where the original claim window was missed because of exceptional circumstances”. This may include where the applicant became seriously incapacitated towards the end of the claim window or was unable to contact HMRC before now.
If you think you may still have a claim, you’ll need to call its helpline on 08000 241 222 where you’ll be asked to give evidence. You can’t do this online, though you can still access SEISS grant information to help with tax returns.
The SEISS grants were designed to cover lost self-employed earnings as a result of the coronavirus pandemic.
There were five grants available in total between May 2020 and September 2021, with variations on eligibility criteria, dates of lost or reduced profits, funds available, and deadlines for applications.
Up to 28 October 2021, £28.1bn has been paid in SEISS grants. Across the five grants, 2.9 million people received 10.4 million grants, official HMRC statistics revealed. Of those 2.9 million people who claimed at least one grant, one million claimed all five. 1.6 million claimed each of the first four grants.