New Tax Return Penalties – Reminder

21st November 2011

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HMRC are reminding individuals and businesses about new Self Assessment penalties for late returns and late payments, which come into effect this autumn.

The changes will apply to Self Assessment returns for 2010/11 which must be submitted by 31 January 2012. As stated on the HMRC website:

‘The new penalties for late Self Assessment returns are:

If you would like help or advice on your Self Assessment return please do contact us.

Internet linksPress release  HMRC deadlines and penalties

Posted – 21/11/2011