As many as 16,000 penalties have been issued incorrectly to businesses over
their PAYE returns, the taxman has admitted.
HM Revenue & Customs said that of 202,000 penalty notices issued to
businesses for failing to send in their PAYE end of year return on time, as many
as 8% of notices have been issued incorrectly.
The taxman has blamed human error rather than an unknown IT systems fault.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin