As per This is Money:
"Why does the tax inspector impose a blanket £100 fine for late tax returns?
I fell foul of the rule this year, when January 31 landed on a Saturday.>It was quite clear from the date my cheque was cleared that HMRC had received it by the Monday.Presumably, however, nobody was working at the weekend so they could not tell what had come by Saturday and what by Monday.
It is daft to fine people the same regardless of whether they are 24 hours, 24 days or even many months late.
£100 means nothing to large numbers of taxpayers but everything to little businesses like mine struggling to survive"It transpires that, according to the site, after some weeks, a letter and several lengthy phone calls to HMRC it conceded that the late payment had a ‘reasonable excuse’ and removed the penalty.
That being said, leaving it to the last minute to pay by cheque was tempting fate to say the least!
Tax does have to be taxing.
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Don't cut it so fine next time. Adopt the stance that you are dealing with fucking idiots, its a money making scheme and no one there will help you. Couple this with the fact that HMRC is in a fucking mess then you'll get on a lot better in the future.
ReplyDeleteCover your arse cos the robbing bastards will have you if you don't
The £100 penalty was nothing to do with when payment was received, the return must have been filed late.The first late payment penalty is charged if payment not received by 28 days after the due date.
ReplyDeleteAnd fines are not the same if returns are managed months late. After three months, a daily penalty of £10 is charged until return is filed, up to a max of 90 days. It doesn't end there if return not filed after 90 days.
ReplyDeleteDon't pay ANY fines, penalties etc, challenge everything, PAY NOTHING
ReplyDelete