There have been major changes to the penalties that will become payable for failure to lodge your Tax Return on time. Any late returns will face a minimum penalty of £100, even if only a single day late, and these after 3 months will increase by £10 per day.

Remember that the deadlines are 31 October 2011 for paper returns and 31 January 2012 for filing online and Special Cases.

See the attached detailed notice from H M Revenue & Customs on our downloads page – Tax Return Penalties

Make sure that you do not get penalised, get your returns in early!