Offence

Penalty(1)(2)

Late return for 2010–11 and later years (FA 2009, Sch. 55; In-Depth: ¶181-500)

Failure to submit by the filing date (generally by 31 October for paper returns; by 31 January online returns)

£100

Failure continues three months after the filing date by HMRC notice

£10 per day for a period up to 90 days beginning with the date specified in the notice (maximum £900)

Failure still continues six months after the filing date

The greater of £300 or 5% of the liability to tax shown by the return

Failure still continues after 12 months

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