Btc - interest and penalties

111beckstar111

ANYONE HAVE ANY IDEAS ON INTEREST AND PENALTIES - WOULD BE GOOD TIME TO JOG MY MEMORY!!! :thumbup:

Primble

£100 late filing??????

Greycow

The main ones i remember is £100 for a return filed up to 6 months late, £200 for between 6 months and 12 months late and if over 12 months £200 plus 100% of tax liability, this is for income tqax, CGT and Class 4NICs

I think for companies it is £100 for up to 3 months and £200 for delays that exceed 3 months, these raie to £500 and £1000 if the returns for the preceeding two account periods were late or never submitted.

Hope this helps

Good luck for tomorrow, after BTC i need to get back home and revise for PTC on Friday.

111beckstar111

Thanks for your help primble and greycow

Same here I have PTC on Friday aswell

Primble

i got dfs after btc.

Moseley_21

I have PCR on thursday after BTC... then i have an appointment with the pub!!! :-)