Is it possible to cancel HMRC Late Filing Penalty?

HM Revenue and Customs (HMRC) must receive your tax return and any money you owe by the deadline.
The deadline for filing your tax return is 31 October for paper forms and 31 January for online returns. You must pay your tax bill by 31 January.
You’ll get a penalty if you need to send a tax return and you miss the deadline for submitting it or paying your bill.
You’ll pay a late filing penalty of £100 if your tax return is up to 3 months late. You’ll have to pay more if it’s later, or if you pay your tax bill late.

You’ll be charged interest on late payments.

Late filing penalties can be cancelled if you have a ‘reasonable excuse’ for filing late. You should file your tax return before making your appeal against the late filing penalties.

Company tax return- late filing penalties

If you’re a limited company, your corporation tax return is due 12 months after the end of the accounting period it covers, and the deadline to pay your corporation tax bill is usually nine months and one day after the end of your accounting period.

Need to make an appeal

Our team of experienced accountants will make an appeal on your behalf and if necessary, we can appeal to the First Tier Tax Tribunal.
We had a lot of success in reducing or completely cancelling Late Filing Penalty for our clients.
Working with our team, you’ll never miss a deadline. We’ll make sure that all your details are submitted correctly and on time. We’ll advise you on what you need to pay well in advance of the deadlines.

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