Tax Return Deadline Approaches

If you prefer to complete your tax return on paper rather than file via the internet, have you remembered that the deadline of 31 October is approaching? This year HM Revenue & Customs has a new set of penalties for late filing which is much harsher than previously. For example, if you are one day late with your return, the fine is £100, even if you have no tax to pay, whereas before no tax due meant no fine. After three months there is now an additional penalty of £10 a day.