online tax return ....again!

ELIZA_D

poo! sent off a printed tax return that i did online(as per earlier post) as i lost my gateway password.Friend pointed out to me the BIG RED LETTERS across the top that tell me FOR YOUR RECORDS ONLY DO NOT SEND TO INLAND REVENUE..
Oh im gonna get a fine for sure now along with an extra penalty for thickness.Gonna get me an accountant this year and i was just starting to enjoy myself and maths.(got number blindness!)

jackieb

Two years ago I sent dh's tax return in a little late. We got a letter saying we'd got the £100 fine and we paid it, but the following year it was refunded. No idea why though.

ELIZA_D

oh so the fine can be counted in next years tax return as an expense!!!

jackieb

Well, I didn't put it down as such. I have no idea why we got it back. Just saying that you might get lucky next year.
I always end up sending it in at the last minute. Every year I vow to have it in on plenty of time.

Redbedhead

jackieb wrote:

Two years ago I sent dh's tax return in a little late. We got a letter saying we'd got the £100 fine and we paid it, but the following year it was refunded. No idea why though.

I think if your tax liability is less than £100 they don't charge the fine, so if you paid it they would refund you.

jackieb

Thanks for that explanation. I didn't ask them why we got it back incase they changed their minds.

whatatwit

ELIZA_D wrote:

poo! sent off a printed tax return that i did online(as per earlier post) as i lost my gateway password.Friend pointed out to me the BIG RED LETTERS across the top that tell me FOR YOUR RECORDS ONLY DO NOT SEND TO INLAND REVENUE..
Oh im gonna get a fine for sure now along with an extra penalty for thickness.Gonna get me an accountant this year and i was just starting to enjoy myself and maths.(got number blindness!)

I don't know for sure, but maybe the warning is so that people don't print one off and then send it in, having already filed one on-line and then completely clogging up the system.
When did you post it, It may be worth phoning HMRC to see if the return has been logged into the system.

Or, they can at least note your record as to what has happened in case it gets picked up.

ctm_2

It will probably be accepted, as long as it is complete and you have signed it.

As whatatwit said, the warning is probably to stop people sending in two returns, one on the interent and one on paper.

ELIZA_D

ah!that old signing malarky......forgot to do that.......am getting more and more annoyed with myself.

ctm_2

ELIZA_D wrote:

ah!that old signing malarky......forgot to do that.......am getting more and more annoyed with myself.

In which case it will be logged as received (so no penalty) and then sent back to you as unsatisfactory at some point, and you will have a set amount of time to sign it and send it back.

Toni_Tax

You can't be charged a penalty higher than any tax due. So if you are due a refund for the year the Rev can't charge you a penalty at all. If your tax bill is between £1 and £99 then the penalty will match that amount.

One way around it though - make sure you pay any tax due by 31/01, even if you haven't submitted your Tax Return and the Revenue cannot charge you a penalty at all!

I would also say that there is simply no way the Rev are going to accept what you have sent in as a Tax Return.