HMRC warns 300,000 late filers of possible seizures

clock

The taxman is sending warning letters to those who have now run up late-filing penalties of £1,300 for that year, under self-assessment.

They can still pay, or ask for the penalty to be taken off their income in 2013-14 if they are in the PAYE system, the BBC reports. The letters are part of a continuing campaign against a persistent minority of non-filers. A spokesman for HM Revenue & Customs (HMRC) said the defaulters could still pay their fines, and submit the late tax returns

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

TISA and industry urge government to rethink IHT on pensions

TISA and industry urge government to rethink IHT on pensions

Research proposes simpler alternatives

Isabel Baxter
clock 14 July 2025 • 5 min read
Supreme Court hands down landmark ruling in banker's divorce tax planning case

Supreme Court hands down landmark ruling in banker's divorce tax planning case

‘Significant implications for treatment of non-matrimonial assets on divorce’

Isabel Baxter
clock 02 July 2025 • 6 min read
IHT rule changes spark adviser-led surge in estate planning and charitable giving

IHT rule changes spark adviser-led surge in estate planning and charitable giving

Upcoming changes already beginning to influence charitable will-writing and estates market

Isabel Baxter
clock 16 June 2025 • 3 min read