Tax Return Late Fees

Published / Last Updated on 28/02/2014

If you file your HMRC tax return just one day late you are issued to a £100 penalty.After this you build up fines of £10 per day for 90 days until you have submitted your tax return.After 6 months you will be then be hit with a £300 penalty or a 5% penalty of the tax that would have been due, depending on which is higher. At 12months you will be again hit with either a £300 or 5% penalty.

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