Only 4 days left to file your SA100 Self-Assessment Return, if you are to avoid the automatic £100 Fixed Penalty!
The penalties go up from there and get very expensive quite quickly:
- One day late: £100 fine
- Up to three months late: £100 fine plus £10 for every subsequent day (max £900)
- Six months late: All of the above, plus £300 or 5 per cent of tax due (whichever is higher)
- One year late: All of the above, plus £300 or 5 per cent of tax due (whichever is higher)
In serious cases, you may have to pay 100 per cent of the tax due if one year late.
Need help, speak to us, we offer a rapid turnaround service. Don’t just leave it or you could owe thousands, even if you have no tax outstanding!