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    • 5 April 2024

      • The general rule is that a refund or repayment cannot be claimed more than four years after the end of the relevant tax year. For example: if you are claiming a refund for the 2019-20 tax year, you add four years to 2020. You must make your claim by 5 April 2024.
      www.rossmartin.co.uk/penalties-a-compliance/347-time-limits-for-assessment-and-claims

      Time limits for tax assessments, claims and refunds

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  3. www.gov.uk › claim-tax-refundCheck how to claim a tax refund - GOV.UK

    Check how to claim a tax refund. You may be able to get a tax refund (rebate) if you’ve paid too much tax. Use this tool to find out what you need to do if you paid too much on: You...

  4. www.gov.uk › government › newsHMRC gives Self Assessment taxpayers more time to ... - GOV.UK

    • Overview
    • Further Information

    Late filing and late payment penalties are to be waived for one month for Self Assessment taxpayers.

    HM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers for one month – giving them extra time, if they need it, to complete their 2020 to 2021 tax return and pay any tax due.

    HMRC is encouraging taxpayers to file and pay on time if they can, as the department reveals that, of the 12.2 million taxpayers who need to submit their tax return by 31 January 2022, almost 6.5 million have already done so.

    HMRC recognises the pressure faced this year by Self Assessment taxpayers and their agents. COVID-19 is affecting the capacity of some agents and taxpayers to meet their obligations in time for the 31 January deadline. The penalty waivers give taxpayers who need it more time to complete and file their return online and pay the tax due without worrying about receiving a penalty.

    The deadline to file and pay remains 31 January 2022. The penalty waivers will mean that:

    Interest will be payable from 1 February, as usual, so it is still better to pay on time if possible.

    See full list on gov.uk

    New Year filing figures for 2020 to 2021 tax returns:

    •31 December 2021: 33,467 tax returns were filed. The peak time for filing was 11:00 to 11:59 when 3,835 returns were received

    •1 January 2022: 14,231 tax returns were filed. The peak time for filing was 15:00 to 15:59 when 1,407 returns were received

    Normally, late filing penalties are applied to all returns due on but filed after the 31 January deadline. Those penalties are cancelled if the taxpayer has a reasonable excuse for filing late. However, this year, like last year, HMRC is not charging late filing penalties for a month to help taxpayers and agents who are unable to meet the deadline. Late filing penalties will not be charged for online tax returns received by 28 February.

    The payment deadline for Self Assessment is 31 January and interest will be charged from 1 February on any amounts outstanding. Normally a 5% late payment penalty is charged on any unpaid tax that is still outstanding on 3 March. This year, like last year, HMRC is giving taxpayers more time to pay or set up a payment plan. Self Assessment taxpayers will not be charged the 5% late payment penalty if they pay their tax or set up a payment plan by midnight on 1 April. They can pay their tax bill or set up a Time to Pay arrangement online at GOV.UK.

    Self Assessment timeline:

    See full list on gov.uk

  5. www.litrg.org.uk › news › time-running-out-claimTime is running out to claim 2019/20 tax refunds | Low ...

    Mar 27, 2024 · The general rule is that a tax refund cannot be claimed more than four years after the end of the relevant tax year. This means that if you are claiming a refund for the 2019/20 tax year, which ended on 5 April 2020, you must make your claim by 5 April 2024.

  6. www.rossmartin.co.uk › penalties-a-compliance › 347Time limits for tax assessments, claims and refunds

    Sep 5, 2024 · The general rule is that a refund or repayment cannot be claimed more than four years after the end of the relevant tax year. For example: if you are claiming a refund for the 2019-20 tax year, you add four years to 2020. You must make your claim by 5 April 2024.

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  8. www.handpickedaccountants.co.uk › articles › taxHow long does it take to get a tax refund from HMRC?

    Jan 16, 2024 · Avoid submitting your tax rebate application around HMRC’s busiest periods, such as the self assessment deadline at the end of January and the tax credit renewals deadline at the end of July.

  9. www.which.co.uk › news › articleSeven ways to file your 2020-21 tax return by the 31 January ...

    Jan 31, 2022 · If you haven't filed your 2020-21 tax return, it's best to submit it to HMRC by 31 January if you can - our tips can help you get it done quickly.

  10. www.which.co.uk › news › articleWhat you need to know if you missed the 2019-20 self ... - Which?

    Feb 5, 2021 · Nearly two million self-assessors missed the 31 January deadline to file their 2019-20 tax return, according to HMRC. The tax authority was expecting to receive 12.1m self-assessment tax returns this year, but only 10.7m were filed by midnight on 31 January.

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