Business and Tax News - Penalties

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January 21st 2019
Week 42
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PENALTIES - NEWS

Giving Advice on How to Avoid Tax? Prepare To Be Fined

FRAUD

Giving Advice on How to Avoid Tax? Prepare To Be Fined

HMRC is planning to fine accountants and others enabling tax avoidance up to 100 per cent of the dodged tax.
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.
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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