Accountant filed self assessment late - implications?

Mithy
Mithy Posts: 15 Forumite
in Cutting tax
My accountant did not file my tax return on time for year ending April 2017. I approved it for filing in December, they said they'd submitted it, but they hadn't - and they only actually submitted it yesterday (April). As a result, HMRC have issued a £100 penalty.

Will it affect my credit rating? Has the HRMC points system been implemented yet? Other than the penalty, are there any other implications?

Thanks for any help.

Comments

  • tinners93
    tinners93 Posts: 9 Forumite
    Will it affect my credit rating?
    No
    Has the HRMC points system been implemented yet?
    No April 19 ish
    Other than the penalty, are there any other implications?
    No, I am assuming you have paid your tax on time if any?

    Get your accountant to appeal the penalty, if they are not successful then tell them that you want them to pay it as it is their fault.
  • Mithy
    Mithy Posts: 15 Forumite
    I!!!8217;m actually due a refund from HMRC, so no issues with paying tax by the due date. And yes, the accountant will need to pay the penalty one way or another.
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