HMRC warning as some workers risk £900 fine for not submitting paperwork - Liverpool Echo

HMRC warning as some workers risk £900 fine for not submitting paperwork - Liverpool Echo

Financial experts have provided advice on what to do if you're behind on your HMRC paperwork.

Some workers risk £900 HMRC fine for failing to do one thing

Financial experts have provided advice on what to do if you're behind on your HMRC paperwork.

HMRC hitting thousands of workers with £10 a day fees from today - Birmingham Live

If you missed the self assessment tax return deadline on 31 January – and got hit with the initial £100 fine – extra charges have started to kick in.

Thousands of workers to be hit with £10 a day fees from today

THOUSANDS of workers will be hit by a £10 a dine fine from today. If you missed the self assessment tax return deadline on 31 January – and got hit with the initial £100 fine – extra charges have started to kick in. AlamyAn estimated 1.1million customers missed the deadline, according to HMRC[/caption] The penalty will be added from May 1 for a period of 90 days, meaning you could end up with a whopping bill of £900. After that, more fines will …

Don’t pay HMRC penalties, suspend them

If you make an honest mistake that results in you not paying enough tax, HMRC can hit you with a penalty. How can you get it to suspend the fine and eventually waive it? Careless errors If you make a mistake in, say, your tax return, and can’t demonstrate that it occurred despite you taking reasonable care, HMRC will not only demand the tax underpaid as a result but will add a penalty. You can ask for this to be suspended for up to two years aft…