TOOLS · MTD POINTS
MTD penalty points checker. How close to the £200?
The points-based late submission regime stacks one point per missed return. Hit the threshold for your filing frequency and HMRC issues a £200 fixed penalty.
Your inputs
No fixed penalty yet
2 / 4
2 more late submissions would trigger the £200 fixed penalty.
Phase 1 grace period
HMRC have indicated a 12-month soft-landing for MTD for ITSA Phase 1 filers (mandated April 2026). Points still accrue, but in practice penalty enforcement has been deferred for first-year mistakes where the taxpayer is making a genuine effort. Treat the threshold above as the hard line, not the practical one. But don't bank on grace continuing past April 2027.
How points expire
After hitting the threshold, the slate clears once you submit 4 consecutive on-time quarterly returns AND all returns from the last 24 months are filed. Below threshold, individual points expire 24 months after they were issued.
Points-based late submission regime applies to VAT returns from January 2023 and ITSA from April 2026.
This is a working estimate. Penalty enforcement is at HMRC's discretion. Not formal tax advice.