logo
MENU

Changes to Late Filing Penalty For 2020 Tax Returns

Date:
Category:Latest News

HMRC has announced that there will be no penalties for late filing of the Self Assessment 2019/20 tax returns which were due to be filed on 31 January 2021. The new due date is 28 February 2021.

Self Assessment tax payments due to be paid by 31 January 2021 still stand and interest will be charged from 1 February 2021 on any outstanding liabilities. For more information on how to pay your tax liability please follow the link.

Related news

Changes to Holiday Pay

If your employees are regularly paid overtime, commissions, or bonuses, you should likely be factoring this into any holiday pay they receive.  Following recent court cases and legislative updates employees should now receive ‘normal remuneration’ when they’re on annual leave, this should be calculated using a 52-week average, for all staff with regular extra payments.  […]

View article

The company car fuel rates are reviewed and adjusted each quarter on:

1 March
1 June
1 September
1 December

View article
ICAEW-chartered-accountantsACCA-platinumACCA-practisingHandpickedsage-logoxero-logoquickbooks-logofreeagent-bronze-partner-badge 2023-RGBHorizontal Badge – Standard

We use cookies to ensure you get the best experience on our website. Read more in our privacy policy.