HMRC U-Turn On Late Filing Penalties
A few weeks ago The Telegraph got hold of a leaked memo from HMRC saying that it lacked sufficient resources to check in detail every reasonable excuse offered for a late tax return. Because of [...]
HMRC Display Leniency With Late Return Penalties
Tax officials no longer check why someone was unable to submit self-assessment forms if they provide a “reasonable” excuse HMRC have been automatically sending out £100 penalties to [...]
Penalties For Errors
Over the last month we’ve been looking at Penalties – it’s such a key issue in tax investigation at the moment – so much so that there is an ebook dedicated to the [...]
In a tax investigation, what is “Telling”?
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]
More golden rules for avoiding a penalty
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]
More on Reasonable Care and Penalty
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]
HMRC’s Penalty Factsheet: Reasonable Care
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]
HMRC fritter £10k in Self Assessment penalty blunder
For me and you losing £10k in a day would be a disaster, but for HMRC it’s just another day at the office. The latest blunder comes after HMRC sent out 2,000 penalty notices to people who [...]