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Self Assessment Deadline extended??

Has it been extended?

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A client sent me a pic of an article in one of the papers where it said that HMRC would not fine clients who hit with the corona virues and were not able to file there tax returns by 31 January 2021

The taxpayers can appeal against th fine by completing a "Covid excuse form"

I told them the deadline is still 31 January 2021 but if they were hit by Covid then they can file an appeal and it "may" be successful

 

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By Ranse
11th Jan 2021 14:37

I heard it at LBC this morning on Nik Ferari's show with a rep from CIOT providing the details. I believe this will add a lot more admin work to HMRC in processing all these forms . I think it would have been better to extend the deadline and that its, no more excuse, but as we all know HMRC doesn't like simple task.

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By SXGuy
11th Jan 2021 15:36

No it's not extended just covid has been allowed as an excuse to appeal penalties.

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Scooby
By gainsborough
11th Jan 2021 15:41

The article I read at the weekend just said they would be "very lenient" which still gives them room to be very subjective so I think the OPs comment at the third paragraph is a sensible stance to take.

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Tornado
By Tornado
11th Jan 2021 16:10

I don't think the deadline will be extended but I do think there will be no penalties for at least three months. This is likely to be announced a few days before 31st January 2021 as HMRC will not have the resources or inclination to deal with hundreds of thousands of appeals against £100 fines. It would cost much more than that to deal with each appeal.

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Replying to Tornado:
By SteveHa
11th Jan 2021 16:19

Not if they adopt a very broad brush approach whereby they simply accept any late filing penalty appeals received up to 31 March.

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Replying to SteveHa:
Tornado
By Tornado
11th Jan 2021 16:34

A lot of people may just do nothing if they are late and not even appeal. HMRC then have to spend time and resources following these people up which will take a lot more time only for them to eventually accept an appeal.

Waiving the penalties in the first place is the only acceptable way to deal with this, considering the number of people who are now ill with COVID or have been so badly affected by the situation that they have more interest in keeping them and their families alive and solvent than getting their Tax Return in on time.

It seems a little perverse to punish people for filing a Tax Return late in these exceptional circumstances when the most compassionate solution is to waive the penalties in the first place.

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