Late Paid Income Tax 2016/17

23rd February 2018

 

A 5% penalty will be imposed for those who have not paid their 2016/17 Income Tax, Capital Gains Tax and Class 4 National Insurance Contributions by Friday 2nd March.

The due date for payments was 31st January 2018, however the penalty can be avoided if a time to pay arrangement is agreed in advance.

Interest will continue to accrue on the unpaid tax until payment is made.

Disclaimer - All information in this post was correct at time of writing.
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