The CIOT said new penalties legislation has been included in the 2007 Draft
Finance Bill which makes a penalty payable if HMRC think that a taxpayer has
done, or not done, something.
‘This is a significant shift from the taxpayer actually doing or omitting to
do something,’ the CIOT said in its statement.
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