Trust tax penalties

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 HMRC penalty error hits trust self assessment tax returns say Harris & Co accountants Northampton  

HMRC has issued late filing penalties for some 2013/14 trust self assessment tax returns that have been submitted electronically in recent weeks.

An error in HMRC’s computer system meant that it mistakenly treated electronic submissions as if they were paper returns thereby deeming them late as the due date for paper returns was 31 October 2014.

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