*** 2019 UK Personal Tax Returns - Filing Deadline Imminent! ***

[Alan Collett 3,249]

A reminder that HM Revenue and Customs (HMRC) must receive your 2019 personal UK tax return and any money you owe in respect of the year to the 5th of April 2019 by the 31st of January 2020.

If you have been issued with a Notice to File a 2019 UK tax return the return must be completed and lodged if a late filing penalty is to be avoided.

Penalties start at £100 if your tax return is received by HMRC a day late.

An additional daily penalty at the rate of £10 per day is added if the tax return remains outstanding more than 3 months after the due date (with a maximum daily penalty of £900), with additional penalties arising if the tax return remains outstanding more than 6 months after the due date for filing.

These penalties apply even if there is no tax to pay.

If a balance of tax is payable for the 2018/19 UK tax year and has not been paid by the end of January 2020 interest will start to accrue.

Best regards.