HMRC issued 37,000 daily penalty charges in the last tax year, the department
has revealed, worth a total of £110m.
HMRC has the power to charge persistently late self-assessment filers £60 a
An HMRC spokesman is quoted in The Telegraph saying: ‘Some 37,464
daily penalty charges were raised in 2004-5. This related to charges, not
individuals, as some taxpayers would have had a daily penalty charge for more
than one year.’
The Revenue also said that it had targeted tax debts more than 12 months old,
recovering a further £143m in 2004-5.
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC
An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans