How to turn a £100 HMRC fine into £2,200 - VW Taxation Ltd

How to turn a £100 HMRC fine into £2,200

HMRC Fines and Late Payments

If ignored HMRC fines and late payments can easily add up. Here we share an example of how a self employed, construction worker who missed the 31 January deadline for their 2018/19 Self Assessment Tax Return, built up a large fine over a 12 month period. 

infographic on late payment and fines
Late Payment and Fines for 2018/19 Self Assessment Tax returns

Due to our expertise in tax and accounting for self employed, construction workers, we are perfectly positioned to provide advice for individuals who may be experiencing a similar situation with their taxes and finances. 

If you have concerns, don’t use the avoidance tactic, contact us today and we can help. 


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Picture of Gary Ellis | Director | VW Taxation
Gary Ellis | Director | VW Taxation

VW Taxation are self employment tax specialists based in Portsmouth. We specialise in tax accounting for contractors, limited companies and the self-employed.

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