Commentary

A4.552 Late filing penalties—self assessment tax returns

Administration and compliance

A4.552 Late filing penalties—self assessment tax returns

A4.552 Late filing penalties—self assessment tax returns

The late filing penalty rules under the harmonised regime (see A4.550) is set out below. These rules have effect from 6 April 2011 in relation to any return which is required to be delivered to HMRC for the tax year 2010/11 or any subsequent tax year1.

The penalties under the pre-harmonised regime for late filing of a self assessment tax return were repealed, and apply only to returns for 2009/10 and earlier years2.

Note HMRC has announced that late filing penalties will not be charged in relation to 2020/21 self assessment tax returns filed by 28 February 2022. See 'Coronavirus (COVID-19)―penalties for late filing of the 2018/19, 2019/20 and 2020/21 tax returns' below.

Forthcoming new regime

For income tax self-assessment (ITSA) taxpayers, the new penalty regime described at A4.558 and A4.559 will replace the harmonised regime described below from a date to be appointed by the Treasury via regulations. For ITSA taxpayers with business or property business turnover of more than £10,000 per year, who will be required to submit digital quarterly updates via Making Tax Digital, the new regime is expected to take effect from 6 April 2024. For all other ITSA taxpayers, it is expected to take effect from 6 April 20253.

Overview of late filing penalties for self assessment tax returns

As discussed further below, the penalties for late filing of the self assessment tax return are:

  1.  

    •     fixed penalty £100—automatically issued if return filed late4

  2.  

    •     daily penalties £10 per day for

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