HMRC refuse to move on filing deadline

Representatives from the professional accountancy bodies met with HMRC to urge them to move the 31 January 2021 filing deadline in response to the COVID-19 situation and whilst HMRC ultimately decided not to grant an extension, they have clarified the position on penalties.


Following the impact of the current pandemic, most people expected HMRC to grant some element of leeway with the upcoming 2019/20 self-assessment deadline on 31 January 2021 and whilst arguments for an extension were heard, HMRC have chosen to stick with the deadline this year.


They have however, confirmed that no penalties will apply where it can be demonstrated that the individual was unable to file their return because of the impact of coronavirus. HMRC will accept personal or business disruption as a “reasonable excuse”, though it will be down to the individual to explain exactly how they have been affected.

The deadline for appealing against late filing or payment penalties has also been extended from the usual 30 days to three months.

It is still our recommendation that the returns are filed on time and this is not used as a backstop for late filing due to lack of reasonable care. HMRC will likely be evaluating the excuses used by taxpayers in order to charge penalties where appropriate. If all of the information is not readily available, then consider using estimates and filing provisional returns and amend/finalise the returns later on.


Related News Articles

Non-Dom left out FA24

After announcing an early election, the government rushed to have the Finance Bill with the 2024 Spring Budget measures passed into law. However, one of the most notable of the reforms on the Non-Domiciled Status is missing. The 2024 Spring Budget included an announcement that the rules for “non-domiciled” individuals would be completely overhauled in…

CIS changes

HMRC announced they were making some minor changes to the CIS scheme from 6 April 2024, in that VAT failures are now counted when looking at whether a firm qualifies for gross payment status. In line with other taxes, minor failures will not count towards gross payment disqualification. “Minor failures” are: 3 late submissions of…

Navigating Tax Changes: High-Income Child Benefit Charge and Other Updates 

THE HIGH-INCOME CHILD BENEFIT CHARGE In an effort to reduce unfairness, the thresholds for the high-income child benefit charge (HICBC) will be increased from 2024/25. You may have to pay the HICBC if you are considered to have ‘high income’ and child benefit is being paid in relation to a child that lives with you,…