Extension to Self-Assessment deadline

HMRC announced this week an extension of a fortnight for the online filing deadline for Tax Returns for some taxpayers it will now be midnight on 15th February.

It is thought that as many as 1.5 million people still have not submitted their tax form for 2012-13, and those who file late are hit with an automatic £100 penalty. Only some of them will be able to benefit from this extension.

HMRC have stated – “If someone has registered for our Online Service, or existing customers have lost their User ID or password and realise they have left it too late, we will allow a bit of extra time for this information to be received.”

This extension only applies to taxpayers who did the following between midnight on 21st January and midnight on 31st January 2014:

  • Enrolled for the Self-Assessment online service, or
  • Requested a replacement user ID or password

However, this does not apply to individuals, previously not in Self-Assessment, who have failed to inform HMRC about their liability to the high income child benefit charge (HICBC), as this should have been done by 5th October 2013.

HMRC have confirmed that until a taxpayer in the above position tells them about the HICBC liability, they will not issue a notice requiring the individual to complete a self-assessment tax return.

They also stated that, “The deadline for filing a self-assessment tax return for someone who has not yet notified they are liable to HICBC, will be three months seven days after its issue. This means that the 31st January deadline is not relevant to people without a Unique Taxpayer Reference (UTR).”

If you have any questions or feel that this extension will apply to you then please feel free to contact our Tax Team on 0161 249 5040.