So you’ve missed the tax deadline. Now what?

So you’ve missed the  tax deadline. Now what?

It’s not the end of the world, say the experts, but you must act fast now to minimise penalties. The worst thing you can do is put your head in the sand

Recent weeks have been the stuff of nightmares for tax consultants and self-assessed taxpayers, with last Thursday’s pay-and-file deadline looming large.

While most can breathe a sigh of relief now that the dreaded tax return and corresponding tax bill are put to bed for another year, some taxpayers have yet to settle their affairs.

Figures from the taxman indicate that most people tend to meet the deadline. On average, 98 per cent of income...

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