Late tax returns

Late tax returns

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I understand the earliest tax returns that Hmrc will accept at this moment are for 2011/12. So if someone is late notifying Hmrc and has income from 2010/11 or earlier , does that mean Hmrc are not interested in taxing it ?

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By bernard michael
26th Jun 2015 11:52

No they'll assess you, penalise you and then serve a determination, which they then will chase and if you don't pay they'll sue you and if necessarily bankrupt you

Or is this too harsh a view of the dear ones ??

 

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