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.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy