Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Tax payment deadline
Thurrafork
Posts: 86
Forumite
in Cutting tax
Eek!
Just paid my self assessment tax bill online.
But due to a million stresses I'd stupidly lost track of time/notion-of-days-of-week, and realise that paying today means that the payment won't actually go through until the 1st of Feb - missing the Jan 31st deadline!
Aaaaarrrrrrrrghhhhh!!
I feel so stupid!
What will happen? What will the fine be? Will my credit score be ruined!
Can I email HMRC and somehow get some leniency?
I know it's all my fault, but I've earnt barely 2 grand since March last year, maybe they'll take pity?
Aaaaarrrggh!!!
Sorry, for being stressy, but everything is just terrible!
Thanks
Just paid my self assessment tax bill online.
But due to a million stresses I'd stupidly lost track of time/notion-of-days-of-week, and realise that paying today means that the payment won't actually go through until the 1st of Feb - missing the Jan 31st deadline!
Aaaaarrrrrrrrghhhhh!!
I feel so stupid!
What will happen? What will the fine be? Will my credit score be ruined!
Can I email HMRC and somehow get some leniency?
I know it's all my fault, but I've earnt barely 2 grand since March last year, maybe they'll take pity?
Aaaaarrrggh!!!
Sorry, for being stressy, but everything is just terrible!
Thanks
0
Comments
-
No fine. No affect on credit. No action whatsoever by HMRC. You will be debited one days interest at 2.6% per annum equivalent to 7p per thousand owed. So, if you owed £5000 you will be hammered for 35p!
RELAX!!!!!!!1 -
Thanks purdyoaten2. Calming down a bit now!

Just to clarify... Why did you say 'No fine?' and 'No affect on credit?' as questions? Did you mean them to be statements, or are you, like me, wanting answers to this?
Your email generally seems to suggest that I have nothing to worry about, but I just wanted to clarify this point.
Thanks0 -
I worked in tax for 40 odd years. I await many answers but not to this
. Please rest easy. There is definitely, absolutely, categorically nothing to worry about!
I have removed the question marks.
See the end of this thread also.
https://forums.moneysavingexpert.com/discussion/6234597/can-someone-help-me-understand-my-tax-calculation#latest
0 -
Thanks for making that clear.
I feel much better now!
So, this interest charge of a few pennies, how will they reclaim that? Will I get a bill in the post?0 -
It will appear on your account at some stage. Given its size, it will not be demanded. However, when you next make a payment it will be added to the amount due. In fact, if you log on to your account in a few days you will see it there. (I have a client who paid what I advised yesterday evening - less the 16p credit that was sitting on her account)
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards