Set Accountancy Ltd

🚨 Missed the Self-Assessment Tax Return Deadline? Here's what you should know! 🚨

The deadline for filing and paying your Self-Assessment Tax Return for the 2022-23 tax year was January 31, 2024. If you missed it, here's what you need to know:

💸 **Penalties:**
- Didn't file on time? You're hit with an automatic £100 fine. ⏰
- Late filing your 2022-23 tax return? After 3 months, penalties increase. 📈

💰 **Late Payment?**
- Interest accrues on the amount owed. The longer you delay, the more interest piles up. 🔄

🛑 **Reasonable Excuses:**
- Death of a close relative, serious illness, computer failure, HMRC issues, unavoidable circumstances, disability or mental health issues, legal misunderstandings, third-party failures. 🙏

❌ **Unreasonable Excuses:**
- Lack of funds, HMRC system complexity, no reminder received, incorrect filing. 🚫

🔍 Questions or concerns?
- DM us 📩
- Whatsapp Business: 07864 03 00 10 📲
- E-mail: [email protected] 📧