Since 1927 the leading authority on tax law, practice and administration

Partnership problem

© Copyright LexisNexis 2024. All rights reserved.

07 January 2009

Issue: 4188 / Categories: Forum & Feedback , Admin

Among all my clients I only have two partnerships, so it was only today when I tried to file a partnership return online that I realised that HMRC do not supply free software.

Despite this any returns submitted after 31 October 2008 now have to be filed online – a paper return will incur a £100 penalty.

I have spoken to HMRC and although they were sympathetic they confirmed the above as correct. It strikes me that this is unfair in the extreme (i.e. ‘you must file online but we won’t provide the means to do so’) and in the next few weeks or so there are many thousands of partnerships who will come up against the same problem.

Mark Howitt BA CA The Tax Dept Ltd.

HMRC responded:

It is not compulsory to file a self-assessment tax return online; customers have a choice to file on paper by 31 October or if they choose to file online by 31 January.

HMRC provides a free SA online return service but has a limited budget and...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

Partnership problem

© Copyright LexisNexis 2024. All rights reserved.

07 January 2009

Among all my clients I only have two partnerships, so it was only today when I tried to file a partnership return online that I realised that HMRC do not supply free software.

Despite this any returns submitted after 31 October 2008 now have to be filed online – a paper return will incur a £100 penalty.

I have spoken to HMRC and although they were sympathetic they confirmed the above as correct. It strikes me that this is unfair in the extreme (i.e. ‘you must file online but we won’t provide the means to do so’) and in the next few weeks or so there are many thousands of partnerships who will come up against the same problem.

Mark Howitt BA CA The Tax Dept Ltd.

HMRC responded:

It is not compulsory to file a self-assessment tax return online; customers have a choice to file on paper by 31 October or if they choose to file online by 31 January.

HMRC provides a free SA online return service but has a limited budget and...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

Issue:

4188

Categories: Forum & Feedback [1] , Admin [2]

SourceURL:

Links:

READERS' FORUM premium icon

Readers forum: Claiming pre-registration input tax Practice tip: 19 December 2024 New Queries: 19 December 2024 Readers’ forum: Should I advise my client to declare income? Readers’ forum: Pension scheme set up as discretionary trust?

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries

Please email any questions you might have
to: taxation@lexisnexis.co.uk.

NEWS

Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged Business expenditure on R&D rises in 2023 HMRC targets landlords who may have undeclared rents Lump sums cannot be returned to pension scheme

Third slide

Deadline dates for January 2025

CASES

No extenuating circumstances to extend deadline Delay in issuing penalties was no excuse for late return Sales of occupation income avoidance rules apply Whole of settlement was not subject to tax Payments were taxable as earnings

MOST POPULAR

Readers forum: Claiming pre-registration input tax No extenuating circumstances to extend deadline This week's opinion: 19 December 2024 Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged

back to top icon