Uncertainty over low number of taxpayer error penalties
Posted by mostafa on 21 August, 2018
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This item was filled under Tax
Interesting trends in the number and type of penalties imposed by HMRC against taxpayers who understated income or gains were revealed earlier this year, in figures obtained by RSM under the Freedom of Information Act.
They showed that the total (154,714) in 2017-18 had dropped by 11% on the previous year (172,869). At the time, Mike Down, head of tax …