Posts Tagged ‘Self Assessment late filing penalties’

How to appeal against a late filing penalty

Monday, February 25th, 2013

If you are one of the 850,000 UK tax payers who recently received a late filing penalty notice for 2011/12, you may feel that you have a reasonable excuse for not having met the deadline.

HMRC has its own definition for what constitutes a ‘reasonable excuse’ giving the following main examples:

  • a failure in the HMRC computer system
  • a serious illness, disability or serious mental health condition has made you incapable of filing your return
  • your computer breaks down just before or during the preparation of your online return
  • you registered for HMRC Online Services but didn’t get your Activation Code in time

The penalties are treated on a case by case basis and remember to print or make a note of any error message details. The form for making a claim for late filing is found here and must be submitted within 30 days of receiving a late filing penalty.

If you’d like to discuss your situation with an experienced tax adviser, Helen Sewell can be contacted at [email protected] or call Helen on 01527 558539..

HMRC issues 850,000 late filing penalties at £100 each

Tuesday, February 19th, 2013

If you were late in filing your 2011/12 self assessment tax return, you will soon be receiving a late filing penalty through the post for £100.

And even if no tax is due, if you filed your return after the 31 Jan deadline, you are still liable to pay this fine.

For those still owing tax, settle any balancing payments amount as soon as possible as after 28 February you will also be subject to tax geared penalties of 5% of the 2011/12 outstanding amount.

Even more reason to file and pay up ASAP is the fact that the late filing and tax geared penalties will increase from April and July. At the end of July, the penalty for a late tax return jumps to a maximum of £300 with tax geared penalties still in force.

The message is simple: file and pay up as soon as possible to avoid incuring any further penalties.


Feb 2013.

Only 2 days to file your paper tax return!

Monday, October 29th, 2012

If you’re not a convert to filing your tax return online, you’ve got until the end of this Wednesday to file your tax return in paper format for the tax year 2011/12.

If you’re late, don’t despair! You still have until 31 January 2013 to file your return, either via HMRC’s software or through an agent. 

For those who’ve decided to file online for the first time, make sure you register with HMRC with plenty of time to spare before the deadline.

Whatever happens, just don’t leave it until the end of January and risk an automatic fine – you’ve worked hard for that income so don’t let bad admin deprive you of it!

Curo October 2012


Half a million taxpayers set to receive late filing penalties

Monday, August 20th, 2012

Are you one of the half a million UK taxpayers who has recently received a penalty letter from HM Revenue & Customs for not yet filing your 2010/11 tax return?

Each fine is a minimum of £1,200 comprising £900 maximum daily penalties and a further penalty of £300 or 5% of the tax due (whichever is higher).

Anyone who has received a late-filing penalty and believes they should not be in self-assessment can apply to be taken out of the SA system. If HMRC agrees, they will waive the penalty.

If you would like help in getting up to speed with your tax affairs and avoid future penalties, please get in touch with Julia Whelan, tax partner at Curo Chartered Accountants on 01527 558539 or email [email protected] Julia will calmly guide you through the tax system and help ensure your tax affairs are in order going forward.