£10 penalties from 1 May for overdue 2012 tax returns

Fancy handing £10 a day over to HMRC from 1 May? Thought not! If you’ve not yet submitted your 2012 self assessment tax return, you’ll be charged a late filing penalty of £10 per day from 1 May 2013, up to a maximum of £900. This is on top of the £100 penalty already charged for missing the 31 January … Read More