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Fewer Brits facing late tax returns penalties

Approximately 850,000 people failed to get their tax returns in on time this year

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22 February 2012

Fewer Brits facing late tax returns penalties”

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Fewer Britons are set to be penalised for filing their tax returns late this year, HM Revenue & Customs (HMRC) has revealed.

Approximately 850,000 people failed to get their tax returns in on time, representing a drop of 550,000 from a year ago.

In addition to the initial £100 fine, those who fail to get their returns in within three months of the deadline will have to pay a £10 daily fine and risk a maximum fine of £1,600.

"We want the returns, not the penalties. So anyone who still has not sent theirs should do so as soon as possible," said Stephen Banyard of HMRC.

"People who receive a penalty notice should act now to avoid further penalties. They should send in their return, appeal if they think they have a reasonable excuse, or contact us if they think they should not have been in self assessment."

This year, the deadline for filing tax returns online was delayed by two days to 2nd February following a strike by public sector union, the PCS.

Posted by Sarah Nyman

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