Tax: HMRC Sends Out 850,000 £100 Penalty Notices

by liamssoft | February 18, 2013 at 10:46 am
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Tax officials are sending nearly one million penalties to taxpayers who failed to file self-assessment returns by the end of January, Sky News has learned.

By February 20, HM Revenue and Customs (HMRC) will have completed a mail-out of £100 fixed fines to around 850,000 taxpayers.

The letters are being sent to those registered for self-assessment (SA) but who failed to file personal 2011-12 tax year returns online by January 31.

The penalty payments will boost HMRC coffers by around £85m. The late filing figure is down on the penalty number for the 2010-11 tax year.....Read more

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