The online deadline for submitting your tax return for the previous tax year (6 April one year to 5th April the next) is 31st January. If you fail to meet this deadline, you can face significant penalties from HM Revenue and Customs (HMRC), starting with a £100 automatic fine.
If you have to complete a tax return, you will be contacted by HMRC just after the end of the tax year. There are various reasons you may have to submit a tax return; for example you have completed a tax return before or because your circumstances have changed.
There is still time please contact the team at Henderson Morgan who can complete the form on your behalf from as little as £99
.
If you have a reasonable excuse for missing the 31 January deadline then you may not have to pay the penalty. Whilst there are no specific rules on what constitutes a ‘reasonable excuse’ some examples of what may be considered reasonable are:
• A life-threatening illness
• The death of a partner shortly before the deadline
• Documents being lost through fire or flood
• Problems with the online filing system
But as you can see they need to be pretty major life events to constitute a a reasonable excuse.
Don’t wait until you receive the penalty to query it. If there is a problem, get in touch with HMRC immediately and explain why your return missed the deadline or contact the team at Henderson Morgan who can do it on your behalf.
