File Your Tax Return By 31/01/12……

21/11/2011

…..As new penalties are in place

The New Penalties Are:

  • An initial £100 fixed penalty even if you have no tax to pay.
  • 5% of unpaid tax if filed by 28/02/12
  • File 3 months late and daily penalties of £10/day will be applied
  • File 6 months late and a further penalty of 5% of tax due or £300 whichever is greater
  • File 12 months late and the penalty will be between 5% and 100% of tax unpaid or £300 whichever is greater

If you require any assistance with your self assessment please contact John or Antoni in our Tax Department without delay, contact us >>

** Remember you could earn up to 25% discount on your current fees per new client introduced for a year**

 


By Tony Czypionka | Accountant and Tax Adviser

Tony is the Accountant and Tax Adviser at Mantle Financial Planning Read more >>

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