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UK Solar Owners Warned Over £100 HMRC Fines as 31 January Tax Deadline Nears

Advisers say counting SEG income toward HMRC’s £1,000 trading allowance pushes many owners into Self Assessment.

Overview

  • Industry estimates indicate more than 54,500 solar households risk an automatic £100 penalty if they miss the online filing deadline on 31 January.
  • Around 605,966 owners may need to submit Self Assessment returns because SEG earnings combined with other side income can exceed the £1,000 allowance.
  • HMRC’s £100 late-filing fine applies even if no tax is ultimately owed, and official figures show about 9% of taxpayers miss the deadline each year.
  • Typical SEG payments are reported at roughly £300 or more annually, and the relevant income window cited is April 2024 to April 2025.
  • Advisers urge households to check supplier statements for export earnings and register or file if total supplementary income is above the threshold.