2016-17 HMRC Penalties Explained
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Introduction: Penalties can be imposed by HM Revenue and Customs (HMRC) for a wide range of tax ‘offences’, i.e. compliance failures such as the late filing of tax returns, late payment of tax, the failure to notify chargeability to tax and in some cases the failure to provide information and documents.
Category: Income Tax
Publisher: Tax Insider
Publication Date: June 2016
Description: This special report looks at HMRC penalties, how they can arise for tax compliance failures, and how those penalties can potentially be deferred or eliminated.
Delivery: Within 5 working days plus £1.97 Post and Packing