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If you received your self assessment statement in August- after the deadline of 31 July had passed- then you will not be charged penalties or interest.

HM Revenue & Customs (HMRC) issued a statement admitting that there were such a large number of statements that they would be unable to issue them during July as normal.

As a result, HMRC have advised taxpayers who received their statements in August to settle their bills as soon as possible and if their payments are received before 27 September, they will not charge interest.

If you would like any more tax advice, please feel free to contact your local TaxAssist Accountant.

Date published 5 Dec 2012

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

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