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Tax return not issued for 17/18

Self employment income below threshold

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New client on board has the follow situation:

They became self employed in August 2017 and registered for SA straight away and obtained a UTR. For some unknown reason HMRC did not issue him with a tax return for 17/18 and he to date hasnt prepared one.

His income and expenditure accounts prepared by book-keeper show profit of £6k and his only other income in that tax year was £1k of employment income.

What are his options here other than preparing tax return and being hit with some hefty fines? 

Replies (8)

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By Wanderer
14th Feb 2020 08:25

So no tax return issued and no tax nor NI liability?

Why are you even considering filing a return & penalties?

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By Paul D Utherone
14th Feb 2020 09:07

What fine would that be then? Do enlighten us

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Replying to Paul D Utherone:
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By Not Anonymous
14th Feb 2020 17:34

Paul D Utherone wrote:

What fine would that be then? Do enlighten us

Still awaiting a response?

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By justsotax
14th Feb 2020 09:20

Personally I want the crystal ball HMRC uses, as they clearly now what profit he has made....

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Replying to justsotax:
By SteLacca
14th Feb 2020 09:46

justsotax wrote:

Personally I want the crystal ball HMRC uses, as they clearly now what profit he has made....

Or they've simply done what HMRC do best and screwed up. Nevertheless, I agree that I'd be doing nothing. Taxpayer has met his/her obligations thus far. Until there's a new obligation I wouldn't be worrying.

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By SA2016
14th Feb 2020 10:02

My initial thought was that as no return had been requested and there is no loss to HMRC that a return wouldn't be required but I wasn't sure as I had not come across this scenario before.

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Replying to SA2016:
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By Wanderer
14th Feb 2020 10:13

If you'd already done research and had initial thoughts then it's courtesy to state them in your question, rather than leave it is an open question with the inference that you had to file a return and would incur fines.

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Replying to SA2016:
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By Wanderer
14th Feb 2020 10:14

duplicated

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