Self assessment deadline!

Morning Folks!

Just a gentle reminder that you only have 9 days left in order to get your self assesment tax return done online.

Remember:

In previous tax years, the automatic £100 penalty for filing your tax return late could be avoided if you did not have any tax outstanding.

From 2010/11 tax year onwards, the £100 penalty will be enforced even if you have no tax to pay, and will be payable even if you file your return just one day late.

If your return is three months late, HMRC will enforce daily penalties of £10 per day for up to 90 days.

If your return is six months late, HMRC then start to increase the penalty by a percentage of the amount of tax owed from your return.

Ensure you get your returns in by 31st January 2012 to avoid the new penalty charges.

If you need any further help or advice please dont hesitate to get in touch.

Dan

If you run into any problems dont hesitate to get in touch Danny.