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Did you miss the Self-Assessment Deadline?

The extended the filing deadline for Self-Assessment tax returns passed on 28 February 2022 

HMRC extended the filing deadline for Self-Assessment tax returns to 28 February 2022 in recognition of potential disruptions caused by Covid over the last year, but this deadline has now passed.  If you have not yet filed your return and paid your tax urgent action is required. Interest started accruing on late payments from 1 February 2022, so time is of the essence because additional charges can build up quickly. 

The table below sets out the penalties imposed for late payment of taxes.

Late filing

Late Payment


Miss filing deadline




30 days late

5% of tax due

3 months late


Daily penalty £10 per day for up to 90 days (max £900

6 months late


5% of tax due or £300 if greater


6 months late

5% of tax outstanding at that date

12 months late


5% or £300 if greater unless the taxpayer is held to be deliberately withholding information that would enable HMRC to assess the tax due


12 months late

5% of tax outstanding at that date

12 months & taxpayer deliberately withholds information


Based on behaviour

  • Deliberate and concealed withholding 100% of tax due or £300 if greater

  • Deliberate but not concealed 70% of tax due, or £300 if greater

Reductions apply for prompted and unprompted disclosures and telling, giving and helping.

Taxpayers provide HMRC with all sorts of excuses as to why they have not filed their self-assessments on time, most of which HMRC reject and continue with raising penalties. In rare cases, HMRC may accept your reason for late filing, but the circumstances are quite narrow. HMRC’s view is that a reasonable excuse is only valid if it stopped you meeting a tax obligation that you took reasonable care to meet, for example:

  • Your partner or another close relative died shortly before the tax return or payment deadline

  • You had an unexpected stay in hospital that prevented you from dealing with your tax affairs

  • You had a serious or life-threatening illness

  • Your computer or software failed just before or while you were preparing your online return

  • Service issues with HM Revenue and Customs (HMRC) online services

  • A fire, flood or theft prevented you from completing your tax return

  • Postal delays that you could not have predicted

  • Delays related to a disability you have

  • They also expect you to send your return and payment in as soon as possible after the “reasonable excuse” is resolved. 

If you have not yet filed your return, please contact us urgently.

At this stage, there will be a cost to resolve the issue, but Orange Genie Accountancy will do everything we can to control and reduce that cost. The earlier you contact us, the more successful that effort will be.

Switching accountants is easy. All you need to do is give us a call and we can take care of the rest. What are you waiting for, one of our accountants will be happy to have a free consultation with you to see how we can help. Just call us on 01296 468185.

Why Orange Genie Accountancy?

Orange Genie Accountancy offers fixed fee accountancy packages to contractors and freelancers. Each client has unlimited access to their own dedicated approachable and friendly accountant. All Orange Genie Accountancy accountants are specialists in the contracting market, so they can give you bespoke, high quality advice.

We will always keep you informed about anything that could affect you and your company. Our relationships with our clients are extremely important to us so we'll be in touch often, whether it be face to face, over the telephone or email.

Our packages start at £75 + VAT a month for an online service. Our most popular package is £120 + VAT a month which provides you with your very own dedicated accountant as well as:

  • Unlimited accountancy support

  • Face to face meetings so we can get to know you and understand your contracting goals

  • Proactive contact

  • Director and employee payroll

  • Annual Return

  • Self-Assessment Return

  • A fully compliant service so you are safe in the knowledge that you are meeting your legal obligations

​And much more, includingaccess to wealth management advice, IR35 reviews and pensions planning. 

If you would like to appoint Orange Genie Accountancy as your accountants please either fill out our enquiry form or give one of our friendly expert accountants a call on 01296 468 185 or email 

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