{"id":6842,"date":"2020-12-10T11:51:36","date_gmt":"2020-12-10T11:51:36","guid":{"rendered":"https:\/\/thebusinessculture.co.uk\/hey\/avoid-the-100-self-assessment-late-payment-fee\/"},"modified":"2020-12-10T11:51:36","modified_gmt":"2020-12-10T11:51:36","slug":"avoid-the-100-self-assessment-late-payment-fee","status":"publish","type":"know-how","link":"https:\/\/thebusinessculture.co.uk\/hey\/know-how\/avoid-the-100-self-assessment-late-payment-fee\/","title":{"rendered":"Avoid the \u00a3100 Self-assessment Late Payment Fee"},"content":{"rendered":"<p>Time is flying by and we\u2019re almost at the point where self-assessment tax returns need submitting. The deadline for 2019\/20 tax to be submitted to HMRC is 31<sup>st<\/sup> January 2021, otherwise a fine will be added to your account.<\/p>\n<p>A recent survey suggests that over a million self-employed people plan to delay their payments, which will mean that every single one of them will receive a fine. The automatic late payment fee is \u00a3100 if the tax return is late by up to three months, which increases by \u00a310 a day if you leave it even longer. Interest is also charged on late payments, resulting in a hefty penalty that can easily be avoided.<\/p>\n<p>Remember that you still have to submit a self-assessment tax return even if you don\u2019t owe any tax for this year, which is where many people are caught out.<\/p>\n<p>Don\u2019t risk a fine! For tax support, call our Yorkshire office on 01482 235575, our London office on 0207 885 0605, or fill in our <a href=\"https:\/\/www.treybridge.co.uk\/contact\/\">contact form<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Time is flying by and we\u2019re almost at the point where self-assessment tax returns need submitting. The deadline for 2019\/20 tax to be submitted to HMRC is 31st January 2021,","protected":false},"author":12312793,"featured_media":6841,"template":"","know_how_category":[],"class_list":["post-6842","know-how","type-know-how","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/know-how\/6842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/know-how"}],"about":[{"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/types\/know-how"}],"author":[{"embeddable":true,"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/users\/12312793"}],"version-history":[{"count":1,"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/know-how\/6842\/revisions"}],"predecessor-version":[{"id":6843,"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/know-how\/6842\/revisions\/6843"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/media\/6841"}],"wp:attachment":[{"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/media?parent=6842"}],"wp:term":[{"taxonomy":"know_how_category","embeddable":true,"href":"https:\/\/thebusinessculture.co.uk\/hey\/wp-json\/wp\/v2\/know_how_category?post=6842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}