Self assessment – no penalties until 28th February 2021

Dear all

As per usual we are on target for completing all the SA returns by 31st January. However, there is no doubt that this year has been more challenging than most, with Covid, furlough and now the old favourite of bad weather all trying to conspire against us.

This afternoon the government have relented to pressure and have declared that no penalties will be raised on returns submitted by no later than 28th February 2021. Whilst this is potentially good news (though somewhat ironic given our near completion, it does not exonerate the non payment of taxation. So we will continue as previous and will complete all the returns as usual.

Please find the link below:

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