Self Tax assessment 9 March at 6:18PM in Cutting tax 7 replies 173 views

greengrass

Hi 
Can anyone offer any advise please, my dad was a partner with mom in a business, he closed it down in 21 and passed away in 22. They had an accountant who visited my mom in January  23 she paid his fees and he advised there was nothing else for her to do, however now she has received a £100 pound fine off the tax office this week, then a self assessment bill for my day of £197 then another £100 fine today.  I dont know anything about self employment could anyone advise me please.  Thank you

sheramber

Have you checked with the accountant that he submitted the necessary returns and advised the business had cease?

He should able to advise your mother what the fines are for but it sounds like tax returns not submitted. 

If he has omitted to do something then he should be sorting it out.

Jeremy535897

It may be that HMRC have failed to act on being told the business ceased.

purdyoaten2

Jeremy535897 said:

It may be that HMRC have failed to act on being told the business ceased.

I suppose that it depends what date it ceased in 2021 - could well be that a partnership return/self assessment returns were appropriate for 2021/22 - perhaps the reason for the accountant’s visit in January? 

I agree with sheramber- the accountant is the first port of call. 

Jeremy535897

The accountant visited in January 2023 and said there was nothing further to do, according to OP. Why would that be the case if the business was still going in 2021/22? Is the accountant the agent, and aware of the fines? The £197?

purdyoaten2

Jeremy535897 said:

The accountant visited in January 2023 and said there was nothing further to do, according to OP. Why would that be the case if the business was still going in 2021/22? Is the accountant the agent, and aware of the fines? The £197?

Accountant visits in January 2023, finalises returns/accounts for 2021/22 in time for submission deadline and then confirms that there is nothing further to do?

Is that not a possibility? 

Maybe op can confirm exactly when business ceased. 

Jeremy535897

purdyoaten2 said:

Jeremy535897 said:

The accountant visited in January 2023 and said there was nothing further to do, according to OP. Why would that be the case if the business was still going in 2021/22? Is the accountant the agent, and aware of the fines? The £197?

Accountant visits in January 2023, finalises returns/accounts for 2021/22 in time for submission deadline and then confirms that there is nothing further to do?

Is that not a possibility? 

Maybe op can confirm exactly when business ceased. 

Yes, but why the fines then?

sheramber

Jeremy535897 said:

purdyoaten2 said:

Jeremy535897 said:

The accountant visited in January 2023 and said there was nothing further to do, according to OP. Why would that be the case if the business was still going in 2021/22? Is the accountant the agent, and aware of the fines? The £197?

Accountant visits in January 2023, finalises returns/accounts for 2021/22 in time for submission deadline and then confirms that there is nothing further to do?

Is that not a possibility? 

Maybe op can confirm exactly when business ceased. 

Yes, but why the fines then?

Returns not submitted on time?

That is why I suggested contact the agent.

If he did submit on time then he will have  confirmation of submission.