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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