Business and Tax News - Fines

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November 5th 2024
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FINES - NEWS

HMRC Delays Sending Penalty Notices

PERSONAL TAX

HMRC Delays Sending Penalty Notices

Letters detailing fines/penalties not being sent until late April, which is two months later than usual.
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Late Tax Return Penalties To Be Waived

PERSONAL TAX

Late Tax Return Penalties To Be Waived

Following a previous consultation, HMRC appear to be waiving the initial £100 late filing penalty provided a reasonable excuse is given.

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HMRC Launches Consultation Over Tax Fines and Penalties

PERSONAL TAX

HMRC Launches Consultation Over Tax Fines and Penalties

With the emphasis on providing digital services, the taxman is looking to modernise the way fines and penalties are issued.

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