HMRC to allow multiple penalty appeals
HMRC has issued guidance regarding bulk filing of late filing penalty appeals for multiple clients. What do you need to know?
Due to the impact of the pandemic, HMRC did not issue a late filing penalty for anyone unable to file their 2020/21 tax return by 31 January 2022, provided they did so by 28 February 2022. For those that missed the February deadline too, HMRC is accepting coronavirus-related problems as a reasonable excuse. This means that an appeal can be made to cancel the £100 late filing penalty if the return could not be filed on time due to the virus.
HMRC is also allowing authorised agents to submit bulk appeals for such cases, if the appeal is made between 9 March and 6 May 2022. Note that the facility is only available for late filing penalties for 2020/21 tax returns where the pandemic is the excuse, it cannot be used for other penalties or other excuses. In addition, appeals for clients that are administered by HMRC’s High Net Worth Unit cannot be made under this facility.
The form and further instructions can be found here.
Related Topics
-
Government launches consultation package on HMRC powers and tax administration
The government has launched a wide-ranging package of consultations on tax administration, including proposals to strengthen HMRC's debt recovery powers, modernise tax agent regulation and expand the use of digital services. Several of the measures could have significant implications for taxpayers and advisers. What has been proposed?
-
What are HMRC’s new procedures for export evidence?
HMRC has updated its guidance about the proof of export you must retain if you ship goods abroad and zero-rate the sales. How will the new guidance affect your business?
-
Getting out of the child benefit tax trap
You expect to earn over £60,000 for this tax year which means you may have to pay back some or all of your family’s child benefit due to the high income child benefit charge (HICBC). Is it possible to reduce the charge?