HMRC has taken the decision not to charge individuals and businesses daily penalties where someone has been late in filing their 2018–19 Self-assessment return. This is in recognition of the exceptionally difficult circumstances many taxpayers have faced due to the impact of the pandemic, during the period when daily penalties accrued.

However, the mandatory 6-month and 12-monthly penalties will apply for 2018–19 tax returns as normal. HMRC continues to require taxpayers to file their returns where they are able to. HMRC will consider coronavirus as a reasonable excuse for missing return deadlines.

We understand that HMRC is keeping all operational decisions under constant review. This Institute will continue to lobby HMRC in the context of such matters including the upcoming 2019/20 self-assessment filing deadline.