Nearly 1,000 victims of the Post Office scandal face an important tax deadline which is only weeks away.
Those who received compensation from the Horizon Shortfall scheme in the 2022/23 tax year will need to declare their payments by filing a Self-Assessment tax return by the end of this month.
However, HM Revenue and Customs (HMRC) has confirmed that any postmasters who are finding it difficult to meet the pending January 31 deadline due to late top-up payments will have any penalties or interest cancelled.
The tax authority has set up a dedicated team to give postmasters tax and anyone unable to pay their tax liability can arrange a payment plan.
Have you been affected by the Horizon IT scandal? If you’d like to share your story, get in touch with money@gbnews.uk.
Those impacted by the Post Office Horizon scandal could get compensation
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An HMRC spokesperson said: “We’ve now published guidance and set up a dedicated helpline.
“We can reassure any postmasters struggling to meet the deadline for filing their return and paying their tax because of a late top-up payment, that any penalties and interest associated with this will be cancelled.”
The Horizon Shortfall Scheme (HSS) was created by the Post Office to compensate postmasters hit by the scandal.
While these postmasters were not subject to a criminal conviction, those impacted were able to get money back from the losses resulting from the Horizon system.
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Some postmasters had to pay back the money the Post Office claimed was missingPA24World Media does not take any responsibility of the information you see on this page. The content this page contains is from independent third-party content provider. If you have any concerns regarding the content, please free to write us here: contact@24worldmedia.com
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