What happens if you miss the tax return deadline

If you miss the 31 January deadline for online tax returns, you will have to pay a penalty.

The penalty is £100. You'll still have to pay this even if

• your tax return is just a day late
• you have no tax to pay
• you pay all the tax you owe before 31 January 2013

The longer you delay, the more you'll have to pay. There are additional penalties when your tax return is three, six and twelve months late. Together these could add up to a penalty of £1,600 or more, so make sure you get your tax return in on time.

Don’t send a paper tax return now - the deadline was 31 October 2012. You'll have to pay a £100 penalty straight away if you do and the daily penalties above will start even earlier. Send it online instead.

If you are late filing your 2011-2012 Tax Return, please contact us to discuss minimizing your penalties.