.png)
.png)
HMRC's latest powers review consultation document is subject to examination by JOHN CASSIDY and PAUL CLARKE. Is the taxman putting his teeth back in?
KEY POINTS
- HMRC's latest consultation document.
- The key issues to be dealt with.
- The proposed penalties for not filing returns or paying tax.
- The mechanics of the penalty regime.
- The alignment of the various penalty regimes.
- The reasons for non-compliance.
HMRC's document Meeting the obligations to file returns and pay tax on time issued on 19 June is the latest consultation under the banner 'Modernising Powers Deterrents and Safeguards'.
The department has become increasingly cynical as the powers consultation process has proceeded. The previous document Payments Repayments and Debt was the consultation for which HMRC did not intend to read the responses.
It had a response deadline of 6 March with the resultant legislation being announced in the Budget on 12...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
