31 October Tax return deadline – new penalties even if you owe no tax
Don’t face a non-refundable penalty for missing the filing deadline for paper returns! New penalties applying this year mean that if you miss the 31 October deadline you must file your 2010/11 tax return on-line by 31 Janaury 2012 to avoid a penalty. Penalties can reach £1,600 over the first 12 months, even if you have no tax to pay or are due a refund.So file your paper return by 31 October or register for on-line filing.