The deadline for filing paper tax return has passed on 31 October, 2014. HM Revenue and Customs (HMRC) will not receive any paper tax returns from November 2014. Even if you have no tax to pay, or you eventually pay your tax on time, a late paper return will still land you with the £100 penalty. The only way to avoid a penalty is by submitting your tax return online by 31 January. Taxpayers must be registered for HM Revenue and Customs’ (HMRC) Online Services to send an online tax return. Taxpayers can file now and pay later – as long as you pay what you owe by 31 January.
«
Previous post
Spain Launches New Deferral Import Regime for 2015
Spain Launches New Deferral Import Regime for 2015
Related Posts
UK introduces regulations for second late tax penalty
November 20, 2024
The UK government has announced new regulations regarding Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act 2021) (Assessments) Regulations 2024 on 12 November 2024 aimed at tightening penalties for late tax payments. The updated
Read More
Romania, UK sign new income tax treaty
November 18, 2024
Officials from Romania and the United Kingdom signed a new income and capital tax treaty on 13 November 2024. The agreement will come into force once the ratification instruments have been exchanged. Upon becoming effective, it will supersede
Read More
Korea, UK negotiate enhanced FTA
November 15, 2024
A release from the Ministry of Trade, Industry and Energy of the Republic of Korea on 11 November 2024, announced that the third round of negotiations for an enhanced free trade agreement (FTA) between Korea and the UK is taking place in Seoul
Read More
UK: HMRC publishes new guidelines for patent box computations assistance
November 14, 2024
The UK tax authority, His Majesty's Revenue & Customs (HMRC) has released new guidelines to assist with Patent Box computations GfC9, on 7 November 2024, to address common errors in Patent Box computations. The aim is to improve compliance by
Read More Romania approves signing of new tax treaty with UK
November 13, 2024
Romania’s government has approved the signing of a new income tax treaty with the UK on 7 November 2024. This new income tax treaty will supersede the existing Romania - United Kingdom Income Tax Treaty of 1975. Previously, on 18 October
Read More UK: HMRC releases XML schema, related documents for digital platform reporting
November 13, 2024
UK HMRC published the Digital platform reporting XML schema and supporting documents 24 October 2024. The documents include XML schema and supporting documents and Sample XML files. The UK is signed up to the Organisation for Economic Development
Read More