Late Filing Penalties

Published on 20th September 2011Author: David Moore

In the past the penalties for the late filing of a personal Tax Return were no real deterrent. The maximum automatic penalty of £200 or the lesser of the tax outstanding or a very late Return does not appear to have been too much of a deterrent.
It has now all changed. Even when there is no liability, if a Tax Return is filed more than 12 months late, there are provisions for penalties of up £1,600. Should a there be liability the penalties and even higher. You have been warned!

Recent Insights

Goodman Jones invests in next generation of accountancy talent with new trainee intake

Goodman Jones invests in next generation of accountancy talent with new trainee intake

Published on 3rd September 2026Read time clock5 min read
Categories: News
Making Tax Digital: is it making tax easier or more difficult?

Making Tax Digital: is it making tax easier or more difficult?

Published on 1st September 2026Read time clock5 min read
Categories: Tax
Cumulative change in 2026: why UK businesses need proactive tax advice

Cumulative change in 2026: why UK businesses need proactive tax advice

Published on 26th August 2026Read time clock5 min read
Categories: Business Tax, News, Tax