HMRC system shut down disadvantages small businesses

Many self-employed, business owners and accountants throughout Northern Ireland and the rest of the UK were unable to file PAYE end-of-year tax returns over Easter as they found themselves locked out and unable to access tax files online. At one of the busiest times of the financial year for small businesses HMRC took the decision to upgrade their IT systems. Those people who submit a self assessment tax return form were also affected and have to wait until tomorrow to get their 2011/12 tax return out of the way for another year.

The shut down lasts until Wednesday 11th April and also affected small businesses needing to pay VAT bills by the 7th April deadline therefore giving HMRC the opportunity to impose late filing interest and penalties.

Wilson Nesbitt Solicitors based in Belfast, Northern Ireland can assist you with submission of Tax Return forms or negotiations with HMRC regarding penalty and interest charges. If you need to talk with one of our tax advisors please contact us by calling 0800 840 9288.