Jo Nockels ACCA MAAT - TaxAssist AccountantsJo Nockels is the Training and Communications Manager for TaxAssist Accountants who has been a practicing accountant and is a member of ACCA and AAT.

Jo is part of the team of experts that supports 220 TaxAssist Accountants offices across the UK. TaxAssist Accountants was set up 16 years ago to help small business owners and self employed individuals with their accounts and tax returns. We currently service over 40,000 small businesses and are the largest network of accountants in the UK.

Jo currently contributes to Startups.co.uk, Unbiased.co.uk, Inspiresme and The Huffington Post.

Send us your question: If you would like to have a tax question answered here, please send your question to taxquestions@taxassist.co.uk. We can't guarantee to respond to every question individually, but we will publish as many answers as we can here on the blog.

Search

Please type in your search in the box below

TaxAssist Locations

Connecting with TaxAssist Accountants
TaxAssist Accountants provide you with topical stories affecting the small business community.

You can get this information in the following ways:

Sign up for our newsletter
Follow us on Twitter
Subscribe to our Small Business News RSS feed

Subscribe to our Blog Tax Q&A RSS feed

Our Services

For detailed tax advice and guidance contact TaxAssist Accountants today. Read through some of the specific tax services we provide below.


Disclaimer

Advice shared in this blog is intended to inform rather than advise. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this forum, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

Online Marketing
Add blog to our blog directory.
« I can’t pay my tax | Main | Separate bank account »
Wednesday
Nov092011

Missed the tax return deadline

Missed the tax return deadlineI received my paper tax return earlier this year and totally forgot to complete and send it to HMRC. Will I now get fined £100?

Aidan, Canterbury 

No, because you still have the option to file your return online with HM Revenue & Customs (HMRC) and as an incentive to go paperless, HMRC allow until 31 January 2012 for submission. Provided you successfully file your return online with HMRC by this date, you will not be charged the £100 penalty.

Following the introduction of a new penalty regime this year, a late return will cost you a £100 penalty- even if there is no tax to pay or you pay the tax due on time. Under this new penalty regime, taxpayers will face much harsher penalties and the longer the delay; the larger the penalties.

If you would like some assistance with filing your return or would like an accountant to deal with it on your behalf, please feel free to contact your local TaxAssist Accountant.

We provide tax accountancy services in Canterbury and throughout the UK. http://www.taxassist.co.uk

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>