Am I correct in understanding that my client who hasn't registered for self-assessment and done 17/18 and 18/19 tax returns, will only face a 'failure to notify' penalty and will not, in addition, pay 5% late payment surcharges? I have always thought the failure to notify penalty to be in respect of both late submission of the required document AND the late payment, am I correct? Thanks in advance.
18th Feb 2020
Failure to notify for income tax returns
Just the failure to notify penalty applies not 5% surcharges in addition to this?
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