Tax doesn't have to be taxing

[DimPrawn]

Taxman raises penalty for late tax returns to £1,300 - Telegraph

£1,300 late filing penalty, up from £100.

The new penalties for filing a late tax return and for making a late payment apply from the next tax year beginning April 6.



That's inflation for you!

[ThomasSoerensen]

There is no inflation. It's only fair.

[hyperD]

Quick Google shows that HMRC reckoned about 900,000 were due to be fined £100: £90m.

Now that potentially inflates up to £1.2b (on the unlikely assumption that the same number of ppl are late).

That's Numberwang.

[VectraMan]

Quick Google shows that HMRC reckoned about 900,000 were due to be fined £100: £90m.

Now that potentially inflates up to £1.2b (on the unlikely assumption that the same number of ppl are late).

That's Numberwang.

Should help with the deficit. All things considered, I support the idea of taxing the stupid.

[MaryPoppins]

That's Numberwang.

[hyperD]

Should help with the deficit. All things considered, I support the idea of taxing the tardy.

Has a nicer ring to it? Could be a new HMRC slogan:

"Because life's complicated enough: Taxing the Tardy"

[Incognito]

Read past the headline though.

The new penalties mean taxpayers who file their returns late will be charged £100 on day one and a daily penalty of £10 a day after three months. Further penalties will be incurred if the returns are still not filed at six months and a year later, with a maximum penalty of up to £1,300.

So you still have three months past your filing date before the charges start rattling up past £100.

[doodab]

Read past the headline though.



So you still have three months past your filing date before the charges start rattling up past £100.

That's a relief, I'm already 2 months late