Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

Hmrc deadline only 3 days to go

AnnaC-Whittaker&Co

Full Registered User
Joined
Feb 13, 2008
Messages
86
Likes
160
#1
JUST 3 DAYS TO GO!!!!!!!

There are only 3 days remaining to submit your tax return, all of our clients will have had reminders from HMRC advising that you have a tax return to submit, the letter will also state the fines if you don’t.. Whittaker and Co are here to help, let us have the information even if you have no tax to pay and a return has been issued YOU NEED TO SUBMIT THIS, if you don’t you will be fined and these fines will NOT come off your record.
HMRC are currently sending collection agents otherwise known as bailiffs to the address they have registered for you to collect fines that were imposed.
This is very stressful if you are away and your partner/wife, the one answering the door.

You may have an outstanding bill with Whittaker and Co and your account has been put on hold, but we would much prefer to sort a payment plan with you and get your tax return submitted to eliminate the fines HMRC will impose.

INFORMATION FROM HMRC WEBSITE

Penalties if you miss the tax return deadline

If you miss the deadline, the longer you delay, the more you'll have to pay. So it's important to send your tax return online to HMRC as soon as you can. The table below shows the penalties you'll have to pay if your tax return is late. If a Partnership tax return is late, each partner will have to pay the penalties shown below.
Penalties for missing the tax return deadline

Length of delay Penalty you will have to pay

1 day late A penalty of £100. This applies even if you have no tax to pay or have paid the tax you owe.
3 months late £10 for each following day - up to a 90 day maximum of £900. This is as well as the fixed penalty above.
6 months late £300 or 5% of the tax due, whichever is the higher. This is as well as the penalties above.
12 months late £300 or 5% of the tax due, whichever is the higher.
In serious cases you may be asked to pay up to 100% of the tax due instead.

These are as well as the penalties above.
Example
Mrs. A's tax return was due on 31 January 2013 but HMRC doesn't receive it until 5 August 2013.
It was over six months late so she will have to pay all of the following:
• £100 fixed penalty
• £900 penalty - this is £10 each day from 1 May to 29 July, when the maximum 90 day penalty is reached.
• £300 or 5 per cent of the tax due - whichever is the higher .

IF YOU NEED A TAX RETURN SUBMITTED CONTACT OUR CUSTOMER SERVICE DEPARTMENT NOW ON 01686 610662 OPTION 7
 
Top Bottom