Article Database - Topic: 'Penalties' - Keyword: 'Failure to notify tax liability'

 
HMRC to refund HICBC penalties Publication date: 26.11.2018
Article database » Children » Child benefit
Thousands of penalties relating to the high income child benefit charge (HICBC) are to be reviewed by HMRC and may be repaid. Might you be in line for a refund?
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Does the 5 October deadline affect you? Publication date: 14.09.2018
Article database » Penalties » Failure to notify tax liability
Does the 5 October deadline affect you?..No tax return. If you haven’t received a notice from HMRC to complete a self-assessment tax return for 2017/18 but think you owe income tax, Class 4 NI or capital gains tax for that year, you have until 5 October 2018 to tell HMRC. Trap. If you miss the deadline for notifying HMRC that you owe tax, it can charge...
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