Late with your self assessment?

February 18th, 2013  |  Published in Latest News

Almost a million taxpayers have failed to file their self-assessment tax returns and will now be hit with a £100 fine.

HM Revenue and Customs has revealed it will be issuing around 850,000 late filing penalties to taxpayers who did not meet the January 31 deadline for online personal tax returns for 2011/12.

And for most of these the punishment will get even more expensive. Some 790,000 had still not filed their return between February 1 and 15, who will now start accruing daily fines of £10. These are automatic, if the computer sends you a penalty notice, ACT NOW.

I can’t turn back time, but I can stop the clock – ring now!

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