Self assessment overdue issue
Discussion
Hi folks
My accountant advised they submitted my tax return on Sunday 31st Jan afternoon. I presume they have their own HMRC login and software and can then access my account to submit the return that way?
When I logged into my HMRC account today, it shows that the 2014 - 2015 tax return is still overdue. The money I transferred for payment is just sitting there in credit.
Unfortunately my accountant is now out of the country on holiday so I am unable to contact him. Is it normal for the account to take a few days to update after the return is submitted by an accountant?
Thanks for any advice!
My accountant advised they submitted my tax return on Sunday 31st Jan afternoon. I presume they have their own HMRC login and software and can then access my account to submit the return that way?
When I logged into my HMRC account today, it shows that the 2014 - 2015 tax return is still overdue. The money I transferred for payment is just sitting there in credit.
Unfortunately my accountant is now out of the country on holiday so I am unable to contact him. Is it normal for the account to take a few days to update after the return is submitted by an accountant?
Thanks for any advice!
Can you ask your accountant or one of his staff for the submission reference number? When a return is submitted on line, HMRC issues a dated reference number as proof of receipt. That number is the evidence that the return has gone in and can be used as proof if HMRC disputes the timing of the submission.
Mine (also submitted on 31st) also still says Overdue on the HMRC portal front page, but if I click on the "click here to file your return" link immediately underneath, it goes directly to the submission receipt dated Sunday that they sent me on Sunday. So it's not overdue. As usual for .gov.uk websites, the HMRC website is just hopeless.
sgrimshaw said:
Eric Mc said:
That's because you are you and not one of those people.
Indeed Eric, but what's the thinking behind "those people" waiting until the last minute?You'll have more of an insight than most ...
So for this time, it's partly down to lethargy, partly down to waiting for S975 certificates to come from those places that don't split the net interest out on statements. I had intended to do it on the Wednesday, then had a panic as I couldn't find my gateway ID. Fortunately I found it, as I had no chance of getting a replacement one in time.
While I'm filling out a return in January, I always figure that as April is only a few months away, this will be the year that I submit it in May or June and get it out of the way. Good intentions are lovely.
On the OPs original note, doesn't it say on the site that it can take up to 72 hours to show up, so perhaps that was the issue? And lovely of his accountant to submit his (and presumably loads of others) returns then leg it off on holiday where they can't be reached in the event of any issues.
Edited by droopsnoot on Friday 5th February 11:23
I filed mine and the wifes in October but only just paid them this week. You can still file early and pay at the last minute. If you're going to pay late then you're much still better off filing the return before the deadline in any case - the penalties for late filing and late payment are different.
Jockman said:
I wonder how the proposed Personal Tax Accounts will affect this - will self-assessment still be required? Will tax payments be required on a quarterly basis?
HMRC are currently saying that the payment system in place right now will not change. They are also saying that Self Assessment will be abolished.They are also saying that the quarterly update is not a tax return.
I don't really know what they are saying anymore.
russ_a said:
I had my corp tax returned to me from HMRC on Friday morning via a cheque. Not sure who is testing their systems but they aren't doing a good job.
Just wished I could pocket the cash!
Me too, well the surplus corp tax anywayJust wished I could pocket the cash!
Not sure what they are playing at, I've not had to pay a cheque in for about 10 years. They definitely were given valid bank account details for any refund when I paid them, so why the hell are HMRC sending out cheques?
Think they are in meltdown.
Eric Mc said:
HMRC are currently saying that the payment system in place right now will not change. They are also saying that Self Assessment will be abolished.
They are also saying that the quarterly update is not a tax return.
I don't really know what they are saying anymore.
Unfortunately Eric, neither do they. The whole tax system has become so complex now I'm not sure how anybody can actually work out what should or should not be paid. PAYE "should" cover anybody who is just employed. When I was in the UK I was a simple PAYE employee, no other income, no complexity. It took PwC 6 months last year to unpick the mess that HMRC & my employer had made of my tax affairs. Can't blame HMRC totally but it was the tax system. This is before they introduce whatever new fangled rules on pensions taxation. God forbid I was the normal PH poster with BTLs....They are also saying that the quarterly update is not a tax return.
I don't really know what they are saying anymore.
...we are all going to need accountants to deal with our PAYE affairs before long. Wrong, so wrong.
kev1974 said:
Me too, well the surplus corp tax anyway
Not sure what they are playing at, I've not had to pay a cheque in for about 10 years. They definitely were given valid bank account details for any refund when I paid them, so why the hell are HMRC sending out cheques?
Think they are in meltdown.
My wasn't a refund but a cheque for the full amount (minus £700)Not sure what they are playing at, I've not had to pay a cheque in for about 10 years. They definitely were given valid bank account details for any refund when I paid them, so why the hell are HMRC sending out cheques?
Think they are in meltdown.
russ_a said:
My wasn't a refund but a cheque for the full amount (minus £700)
If an HMRC refund is excessive, and you know it is, you are under an obligation to regularise the position as it is seen as theft if you retain the funds and do nothing.Call your HMRC contact centre, or if you have an agent, get them too as they are more likely to get through to someone with more than 1 brain cell!
David
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