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Late Filing?

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Late Filing?

Postby raydona » Sun Jan 07, 2018 8:03 pm

Hello, My corporation tax return was for the period 1 November 2015 to 31 October 2016. I thought the deadline for submission would have been 31 October 2017. I submitted it on 19 October 2017. HMRC received it on 21 October 2017. Now they have imposed a penalty of £100 for late filing. One of their excuses is that I should have submitted it online. There is no law saying tax returns must be submitted online. Is it possible to know who is right or wrong in this matter? I would be very greateful for all help.
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Re: Late Filing?

Postby atticus » Sun Jan 07, 2018 9:01 pm

What you do not tell us is the date of the actual deadline.

Isn't the point that if you have a deadline, you must meet it or face the consequences? If you can file online, then you may be able to leave it later than if you put it in an envelope, lick a stamp, and post it.
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Re: Late Filing?

Postby raydona » Mon Jan 08, 2018 2:58 am

Hello, This is where the confusion sets in. HMRC, I guess due to cutbacks, has stopped sending me notice to deliver a Company Tax Return. So I am going by gov.uk website where it says "The deadline for your tax return is 12 months after the end of the accounting period it covers." So if the accounting period is from 1 November 2015 to 31 October 2016 it follows the tax return has to be submitted by 31 October 2017.
Incidentally, if my above statement is wrong is there a way to calculate the actual deadline?
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Re: Late Filing?

Postby atticus » Mon Jan 08, 2018 5:35 pm

On this page it says:

Deadlines
The deadline for your tax return is 12 months after the end of the accounting period it covers. You’ll have to pay a penalty if you miss the deadline.

There’s a separate deadline to pay your Corporation Tax bill. It’s usually 9 months and one day after the end of the accounting period.


Note the shorter period to pay the tax, which does appear to be the wrong way round, but who am I to question these things?

If this is just about the filing, then have you told HMRC you proceeded in line with this government guidance? If so, what did they say?
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Re: Late Filing?

Postby blig » Mon Jan 08, 2018 9:47 pm

Not really my area but the web page below suggests Schedule 18 to the FInance Act 1998 (as amended)

https://www.gov.uk/government/publicati ... t211-notes

and follow first link "legislation"
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Re: Late Filing?

Postby dls » Tue Jan 09, 2018 9:43 pm

Late filing penalies are very common, and a huge source of revenue for HMRC.

It was either late or it was not.
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