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Paper Self Assessment returns

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The 2012-13 tax return deadline for taxpayers who continue to submit paper Self Assessment returns is 31 October 2013. Late submission of a Self Assessment return will become immediately liable to a £100 late filing penalty. The penalty will apply even if there is no liability or if any tax due is paid in full by 31 January 2014.

The fixed £100 penalty for failing to file a tax return on or before the filing date applies to paper returns received on or after 1 November 2013. The penalties also apply to online returns received on or after 1 February 2014.

Daily penalties of £10 per day will also take effect if the tax return is still outstanding three months after the filing date up to a maximum of £900 i.e. for three months from 1 November 2013. If the return still remains outstanding further higher penalties will be charged from six months and twelve months late.

HMRC will begin sending the 2012-13 paper tax returns during April 2013.

Taxpayers that need a return straight away can register and send it online or download the forms from HMRC’s website. Taxpayers that receive a letter informing them that they have to submit a paper return after 30 July 2013 have an extended deadline which runs for three months from the date they received a letter to submit the paper return.

If you would like more time to file your return don't forget that you can register to file your tax return online. The deadline for electronic filing of the 2013 return is 31 January 2014, an extra three months. If you would like help registering or filing please give us a call.

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