1.General news
1.1 Penalties for late submission of self-assessment
returns
HMRC has issued a note following the recent press comment on
£100 late submission penalties and reasonable excuse. Those
having their penalty notice cancelled will no doubt be relieved to
see that HMRC are applying the law in a reasonable way. However, it
is unclear why those with a reasonable excuse who have not yet
submitted their return, for whom HMRC have not agreed to cancel
notices, will not face the same treatment.
The HMRC note includes the following comments:
"....the deadline for appealing fines for 2013/14 tax year
has now passed. Those who have already appealed will only be let
off the fine if they've now sent in their return, paid the tax
due, appealed and have a good reason for sending it in late.
