How much is the fine if you miss the self-assessment tax deadline and how to avoid paying if you get one?
IN AN ideal world you will complete your tax return is as short time as possible and will submit the forms days before the deadline.
However life doesn't always going to according to plan and if you miss the boat you will be slapped with a fine.
The fine varies depending on how late your forms are... find out below how, and if, you can get your decision overturned.
When is the deadline for submitting my tax return?
If you're submitting your tax return online, the deadline is today, so you don't have long.
If you were supposed to fill out a paper form, this should have been filed by October 31, 2016.
There is a further deadline of July 31 for people who make advance payments towards their bill – this is known as payments on account.
In what circumstances will I be fined?
If you've read our useful guide on how to file your tax returns but have still submitted them up to three months late you will be fined £100.
If you submit them later than three months your penalty will vary depending on how just how late you are.
Your fine will also be larger if you have failed to pay your tax bill on time.
In those two circumstances a tool on the HMRC website allows you to