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 [...]
Just over a week ago HMRC issued a press release (below) saying how they took former HMRC employee to court. Not only had Neil James Foster not declared his income (from trading games consoles, [...]
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 [...]
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 [...]
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 [...]
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 [...]
If you go to HMRC before they have any inclination about underpayment of tax and you make a full and frank disclosure of what you have done to hide tax from HMRC, how you did it and even why you [...]
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 [...]
The good people at TAXINSIDER have just published an piece on penalties and ‘special reduction’. Interesting reading… Mark McLaughlin looks at the ‘special reduction’ in HMRC [...]
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 [...]
