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Not filed your Personal Tax Return yet?

Paystream News

David McManus

Thursday 23rd Feb, 2017

If you haven't then you're not alone!

HMRC reported that 840,000 missed the 31 January deadline for 2015/16 Self- Assessment Tax Return online filing and will find a £100 penalty added to their account.

HMRC's compliance drive means that interest will be added daily to late paid tax and there will be further penalties of £10 per day from 1 May 2017 if your Return hasn't been filed by then, so don't delay - file today!

If you have what you consider to be a 'reasonable excuse' for not filing your Tax Return on time, test it against HMRC's criteria and consider appealing against the penalty.

  • Accident or disaster - IT failure whilst trying to file online; fire, flood or theft prevented completion
  • Serious illness of yourself or illness/death of a close family member
  • Notice to file not served by HMRC (out of date addresses etc)

Contact PayStream's Tax Team on 0161 929 6000 or email tax@paystream.co.uk if you need help to prepare your 2015/16 or any outstanding Tax Returns for earlier years and to ask about the merit and likelihood of success if you're considering making an appeal against a late filing penalty.