Sunday 9 October 2011

Dinosaurs must file a paper Self Assessment Tax Return by 31 October 2011

If you think like an ancient dinosaur and prefer to do a paper Self Assessment Tax Return, you must file your paper return by 31 October 2011.  If you file it after that date, you will get a penalty of at least £100, not to mention any daily penalties and tax geared penalties you may be liable for.

The penalty is still payable even if you file your paper tax return before 31 January 2012 (deadline for online tax returns).

There are two things you can do with your tax return:
  1. Accept the reality.  Dinosaurs are not meant to survive in the 21st century, so why do you want to do your tax return in the dinosaur way?  Register for online services on the HMRC website and do it online by 31 January 2012 (you've got three more months to do your tax return if you are not a dinosaur).  Here is their website: Register for online services.

  2. Proud to be a dinosaur and file your paper tax return by 31 October 2011.
Whether or not you are a disnosaur, just remember HMRC are T. Rex preying on your wallet.  So whatever you are, you must file your tax return before the deadline or end up getting a huge late filing penalty from the T. Rex.

    2 comments:

    1. This is an intresting blog that you have posted, you shares a lot of things about Chartered Certified Accountants, HMRC Capital Gains Tax and Self Assessment
      Tax Returns
      . Which are very informative for us. Thanks

      ReplyDelete
    2. Every tax payer, be it individual sole trader, partnership, company director, high net worth individual, higher rate tax payer, rental property landlords, retired pensioners, CIS tax payers, is likely to be on the Her Majesty Revenue and Custom (HMRC) Self Assessment tax returns system.Let V P Associates help you with completion and filing of your Self Assessment Tax Returns as an authoritative source and expertise gained over many years.

      ReplyDelete