HM Revenue and Customs (HMRC) has charged 600,000 late penalties to low earners despite them owing no tax. The tax office applies an automatic £100 fine if someone misses the tax return deadline of ...

HMRC probably worried that if there were no penalties for late filing or errors, then they'd have about 15 million taxpayers wanting to join the trial...but that is resolved by limiting entry to the ...

Tax authorities have imposed 600,000 penalties on low-income workers who do not owe any tax, with automatic fines beginning ...

Self-assessment taxpayers who make 'payments on account' have less than one month to settle the second instalment of the year ...

The UK has imposed around £128 million ($174 million) in penalties for offshore tax evasion over the past seven years, but has yet to issue a single fine to those who enable such evasion, the tax ...

HM Revenue and Customs (HMRC) has issued a stern warning to cryptocurrency users, stating that failure to provide necessary ...

This financial burden is exacerbated by the fact that many care providers operate on thin margins, with little room to absorb such significant cost increases. HMRC Brief 2/25 The VAT grouping ...

Again virtually all these penalties against estate agents, accountancy service providers, art market participants and others are for late registration under Reg 56 MLR 2017. Very few penalties are for ...