For heaven’s sake – do your tax return

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A firm of accountants has noted this morning that:

As many as 120,000 parents of middle-class families are set to be hit by fines of £100 from HM Revenue and Customs (HMRC) for failing to repay their child benefit.

Parents that fail to register for Self-Assessment and complete an online form to repay the child benefit received in the 2012/13 tax year by 31st January 2014 will be hit with an automatic £100 penalty.

Additional penalties could be applied to those who fail to act, reaching as much as £1,600 for those who file more than 12 months late.

I fully support the imposition of penalties for tax returns submitted late.

I also think anyone paying them is pretty stupid.

Please get your tax return done on time. And please don't ask me to do it - I don't take on new personal clients.

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