HMRC issued a further reminder that taxpayers filing a paper tax return after 31 October face a £100 penalty.
‘If you send in a paper tax return on or after 1 November, you will now be hit with a £100 penalty – even if there is no tax to pay or the tax due is paid on time – following the introduction of a new penalty regime this year. The longer you delay, the more you'll have to pay, as there are further late-filing penalties after three, six and twelve months,’ HMRC said.
HMRC issued a further reminder that taxpayers filing a paper tax return after 31 October face a £100 penalty.
‘If you send in a paper tax return on or after 1 November, you will now be hit with a £100 penalty – even if there is no tax to pay or the tax due is paid on time – following the introduction of a new penalty regime this year. The longer you delay, the more you'll have to pay, as there are further late-filing penalties after three, six and twelve months,’ HMRC said.
