Quick, get all of those tax documents together! It’s going to be an all-nighter! I’ll pay for it tomorrow and probably all through the weekend, but I don’t want to pay any penalties or…
Wait, what?
Tax returns aren’t due until the 18th?
Well, heck, that leaves us just a TON of time. AGES! EONS! No worries. Time to kick back, relax, and chill.
At least until the evening of the 17th…
We Love The Stars Too Fondly 
What is the penalty for a late return. £100 in UK.
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Depends on how late. Typically 5% of your taxes per month (or any portion of a month) that you’re late, up to about 25%. If you’re in a decent tax bracket and you’re a day late that can be hundreds of dollars – if you wait three or four months it can add up to thousands. Then they add interest…
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WOW!
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