Home / Corporation Tax Late Filing Penalties
Company Tax Returns: Penalty for Late Filing
You must file your company tax return before the deadline specified by HMRC. If you will not, you need to pay the penalties for the late filing of company tax return. There are different penalties specified by HMRC against the time period in which taxpayer needs to pay company tax return after the deadline, same is specified in the table below –
| Time period after deadline | Penalty amount |
| 1 day | £100 |
| 3 months | Another £100 |
| 6 months | Estimation of corporation tax bill done by HMRC and penalty of 10% is levied on the unpaid tax amount |
| 12 months | Another 10% of any unpaid tax amount |
If you are filing your company tax return late continuously for 3 times in a row, penalty amount of £100 will rise to £500 each.
When your company tax return is more than 6 months late
In case your company tax return is 6 months late, HMRC determines your tax & writes you to tell how much corporation tax you need to pay. This process is called “Tax determination”. You cannot appeal against this process. In this process, HMRC recalculates your interest as well as penalties and ask you to pay the same.
Appeal for Late Corporation Tax Filing Penalty
You can only appeal for late corporation tax filing penalty in case you are having a reasonable excuse. In order to appeal against the company tax returns late filing penalty, you need to write to your company’s corporation tax office.
In case you are not having the address of your corporation tax office, check the recent tax forms or HMRC letters to find out the same. You can also call corporation tax helpline to obtain any information related to your company tax return.
Call HMRC for help with general Corporation Tax enquiries. You will need your 10 digit UTR Number when you call to HMRC.
Telephone: 0300 200 3410
Outside UK: +44 151 268 0571
Opening times: Monday to Friday: 8am to 6pm (weekends closed)
