You might think with the recent news regarding late tax returns, that there’s little risk in filing late. But by filing your tax return late there are other implications, beyond the immediate £100 fine.
You risk further investigations by HM Revenue & Customs… and we can assure you that nobody wants a lengthy investigation by HMRC, it’s both stressful and time consuming.
It’s not all doom and gloom though; if you have a valid reason for filing your return late, then the HMRC may, at their discretion, waive the fine. However where possible we highly recommended you always file your Self Assessment on time.
Whether you’re struggling to complete your return on time, or have already missed the deadline, we’re here to help. With our easy to use tax return service, we’ll file your Self Assessment within 7 days.
We also have a page detailing the tax deadlines and dates.