HMRC to allow multiple penalty appeals
HMRC has issued guidance regarding bulk filing of late filing penalty appeals for multiple clients. What do you need to know?
Due to the impact of the pandemic, HMRC did not issue a late filing penalty for anyone unable to file their 2020/21 tax return by 31 January 2022, provided they did so by 28 February 2022. For those that missed the February deadline too, HMRC is accepting coronavirus-related problems as a reasonable excuse. This means that an appeal can be made to cancel the £100 late filing penalty if the return could not be filed on time due to the virus.
HMRC is also allowing authorised agents to submit bulk appeals for such cases, if the appeal is made between 9 March and 6 May 2022. Note that the facility is only available for late filing penalties for 2020/21 tax returns where the pandemic is the excuse, it cannot be used for other penalties or other excuses. In addition, appeals for clients that are administered by HMRC’s High Net Worth Unit cannot be made under this facility.
The form and further instructions can be found here.
Related News
-
Planning ahead for pension salary sacrifice changes
From 6 April 2029, both employers and employees will be required to pay Class 1 NI on pension contributions in excess of £2,000 made through a salary sacrifice arrangement. What can you do about it?
-
Marginal relief - responding to an HMRC nudge letter
HMRC is running a campaign to clamp down on incorrect claims for corporation tax marginal relief (MR). In what circumstances might you be challenged by HMRC and how should you respond?
-
Can you claim input tax on costs linked to electric cars?
Your business intends to go green and buy new electric cars. Can you claim input tax on the purchase of the vehicles and their subsequent fuel costs? Additionally, what recent change has been announced by HMRC?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.