Interest and Penalty calculation on unpaid income tax from tax year 2004/5

Saltpot
Saltpot Registered Posts: 11 Regular contributor ⭐
Hi There
Could someone please point me in the right direction regarding how to calculate interest and penalty charges on unpaid income tax going back to tax year ended 2005. I've looked on HMRC and must admit to not being able to pull up anything that has helped. Also looked on AAT website hoping that there might be a pod cast or similar but I have not found it. Any help would be much appreciated. Thanks Saltpot

Comments

  • Saltpot
    Saltpot Registered Posts: 11 Regular contributor ⭐
    Thanks TaxManager. Unfortunately don't subscribe to these handbooks so don't have access. However I did find a 19 years-calc-pdf file on HMRC website after 'trudging through treacle' which seems to work well enough. So thanks for your input and I appreciate you taking the time to reply to my request. Thank you again. Problem solved.
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