We have just taken on a client in his 80's who has got himself in a mess. He recalls submitting 2013 return on paper before deadline of 31st October - he never noted date it was filed and obtained no proof of posting.
He then got a late filing penalty of £100 and submitted another paper return in March 2014 and was hit with daily penalties in excess of £500.
He has now engaged us to sort out his affairs and the tax return has to be amended because he has not claimed MCA.
If we do amendment online in next week or so will the daily penalties be reduced with reference to amended online filing date?
E.g. if we file amended return online on 16th May will daily penalties be reduced to 16 days at £10.