Second penalty for late tax return
The Second Penalty for Late Tax Return only applies to return years 2009/10
and earlier.
A second fixed penalty of £100 has been charged because your return was
outstanding six months after the date it was .
Please note: Where an individual return is received late and
the overall liability is less than the total penalty charged, the penalty is
capped to the total amount of the liability.
For example: A tax return was due on 31 January 2006 but was received on 12
October 2006. Therefore the following penalties were charged: Fixed Penalty 1
issued on 28 February 2006 for £100.00 Fixed Penalty 2 issued on 31 July 2006
for £100.00 Total penalties equals £200.00 Overall liability from return
equals £71.50 Penalties therefore reduced to £71.50