2019-20 Self-Assessment – Late Payment Penalties

2019-20 Self-Assessment – Late Payment Penalties

Shortly before the 31 January 2021 filing deadline for 2019-20 self-assessment tax returns, HMRC announced that the late filing penalty of £100 would not be charged to any taxpayer who submits their 2019-20 by 28 February 2021.

Covid 19 – Child Benefit

Covid 19 – Child Benefit

You can call HM Revenue & Customs on 0300 200 3100 to re-instate your claim for Child Benefit. You will need your National Insurance Number or Child Benefit number.

2019-20 Self-Assessment – Late Payment Penalties

The High Income Child Benefit Charge

The High Income Child Benefit Charge (HICBC) first came into effect in January 2013.  It is a tax charge that applies to anyone with an income over £50,000 if they or their partner claims Child Benefit.