HMRC sends out tax return reminders
HMRC is sending out reminders to taxpayers who it believes have not yet submitted their tax returns for the year to April 2012. We are pleased to note the letters say that the recipients may not have submitted a return, which is welcome, since the reminder letters we have seen are dated mid December 2012.
The letter contains a useful reminder of what to do if the individual has lost their User ID and password, ‘If you have lost one, go to online.hmrc.gov.uk and click on Lost password or Lost User ID.’ and a warning that it can take two weeks to replace them. Taxpayers are asked to contact HMRC by 21 January 2013 to make sure that they arrive in time.
The letters are also very blunt about how the penalty rules could result in a penalty of up to £1,600 accruing, even if no tax is due.