HMRC penalty error hits trust self assessment tax returns

HMRC has issued late filing penalties for some 2013/14 trust self assessment tax returns that have been submitted electronically in recent weeks

The error was spotted by the Association of Taxation Technicians (ATT) which said that a glitch in HMRC’s computer system meant that it mistakenly treated electronic submissions as if they were paper returns thereby deeming them late as the due date for paper returns was 31 October 2014.

Unfortunately, this means that agents have to contact HMRC to ask for the penalty to be cancelled.

 

Diane Tan |Content manager - current awareness, CCH

Diane Tan is content manager, current awareness at CCH, Wolters Kluwer UK www.cch.co.uk...

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