What if I’m already late submitting my return?

You should prepare and submit your return as soon as possible to avoid any further penalties from HMRC. 

Penalties for late submission are as follows:

Up to 3 months late        £100

3 months late                    £10 daily penalty for up to 90 days (max £900)

6 months late                    5% of tax outstanding at that date*

12 months late                  £300 or £300 if greater*

*the total of the 6 and 12 month penalties cannot exceed 100% of the tax due

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