Paying CT 1 day late :emb

[Boo]

Hi,

I couldn't find my chitty to pay HMRC their CT dues when I first looked and although I dug it up on 31st Dec and arranged a transfer it won't go until 2nd Jan. This means I will be a day late

Does anyone know whether they will bother to charge me the interest and mark me down as a late payer? They should actually receive the money on 2/1/2014 so it's not like anyone would have been in HMRC's office to receive the payment on 1st Jan. Or am I twisting in the wind here ?

Boo

[xoggoth]

I can't see why there would be a problem. Never found HMRC to be bothered with trivia, they are looking to recover real dosh.

[Boo]

I can't see why there would be a problem. Never found HMRC to be bothered with trivia, they are looking to recover real dosh.

Yes, I am not expecting a problem either, just wanted to know how it goes down on their records ? Really I'm just a bit annoyed with myself...

Boo2

[Martin at NixonWilliams]

Hi,

I couldn't find my chitty to pay HMRC their CT dues when I first looked and although I dug it up on 31st Dec and arranged a transfer it won't go until 2nd Jan. This means I will be a day late

Does anyone know whether they will bother to charge me the interest and mark me down as a late payer? They should actually receive the money on 2/1/2014 so it's not like anyone would have been in HMRC's office to receive the payment on 1st Jan. Or am I twisting in the wind here ?

Boo

The interest will be written off, I am sure of that.

I wouldn't be too concerned about the late payment either way, it won't be an issue if your payments are normally made on time.

[Murder1]

This happened to me with a VAT return in that the DD didn't go through and by the time I realised I was a day late and just paid for it over the phone.

I think they'll perform some pomp and posture and send a letter out saying that if this happens again in the future you'll incur interest or be fined as they don't want to appear as a soft touch but tbh I've worked with people who pay VAT/PAYE NI/CT late regularly and never seem to suffer as a result.

[jamesbrown]

This happened to me with a VAT return in that the DD didn't go through and by the time I realised I was a day late and just paid for it over the phone.

I think they'll perform some pomp and posture and send a letter out saying that if this happens again in the future you'll incur interest or be fined as they don't want to appear as a soft touch but tbh I've worked with people who pay VAT/PAYE NI/CT late regularly and never seem to suffer as a result.

Yeah, IIRC, the only automatic penalty for lateness applies to the year-end accounts. However, better to avoid irritating HMRC unnecessarily