Accountants will be able to send bulk appeals against late-filing penalties for tax returns filed after 28 February 2021 as a result of the COVID-19 pandemic, HMRC has announced.
The news comes as HMRC has already waived late-filing penalties for individuals who were unable to file their 2019/20 self-assessment tax returns by 31 January, provided they did so by 28 February.
HMRC has said it recognises the impact of the coronavirus pandemic and its effects on businesses and individuals, who might experience difficulties meeting their filing obligations.
As a result, coronavirus may be accepted as a “reasonable excuse” for any appeals made against late-filing penalties.
Agents and accountants can use the appeal forms, which are available from 24 March, to complete a bulk appeals form for late filings, on behalf of clients who could not file their self-assessment tax return due to COVID-19.
The process is available for a period of six months.
Speak to us about your tax returns.
HMRC to accept bulk appeals for late tax return penalties
Make the switch to us
Choosing StationOne means opting for a service where excellence, expertise, and a personal touch converge. Our rates reflect the quality and dedication we bring to every interaction. We are not just about the numbers; we're about fostering growth, ensuring compliance, and paving the way for your business's prosperity.
Get in touch
Fancy a new accountant? Contact us for tailored financial guidance.
Tell us about your business
Share your business needs; we'll provide the bespoke financial solutions.
We'll take it from here
Trust us to lead your financial operations to success.
"Enables us to be more profitable"
"Having been a client for many years we have learned how important Food and Drink GP’s are to the running of our restaurants and getting these to the correct %’s every week enables us to be more profitable and then be able to concentrate on managing other costs"
How can we be of service?
Embark on your journey towards financial excellence with StationOne. Let us show you what it means to have not just an accountant, but a committed partner in your corner.