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  • Tax

    Warning: increased fines due to HMRC delay

    HM Revenue and Customs (HMRC) normally sends warnings in February, but this year some may go out from late April.

    From 1 May the standard £100 fine rises by £10 a day - so when letters arrive, penalties could already be accruing.

    HMRC blamed increased workload from Brexit for the delay but said no one would be "unfairly penalised".

    It is thought 746,000 taxpayers missed the deadline for tax returns to be submitted online on 31 January.

    "This will release those staff for EU exit related work.

    "We will issue daily penalties to individuals who have still not filed three months after the deadline, in appropriate cases, at the normal time."

    Full/source story

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    This is shocking and I see no reason why the notices shouldn't be sent out as normal, the article says they are being delayed to avoid the risk of swamping the call centres with "Missed Tax Return" and also (expected - but not gaurenteed to happen) "Leaving EU" phone calls at the same time.

    Cynical individuals may be wondering if the delayed notices will create extra penalty revenue for HMRC.

    Anther example showing that UK businesses can't make changes to their systems until they get confirmation about if / when / how UK is leaving the EU, the ongoing delay is causing so many problems in so many areas.

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    How is this going to create extra revenue for HMRC?

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