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Accelerated payment notices top £250m

28 October 2014
Issue: 4475 / Categories: News , Avoidance

HMRC have issued 600 notices to avoidance scheme-users since late August, demanding that they pay more than £250m of disputed tax under the accelerated payments regime.

Many of the recipients have responded to arrange to make payments, covering over £25m of tax, according to the Revenue, and other taxpayers are also contacting officials to settle their affairs rather than wait to receive an accelerated payments notice (APN). 

HMRC have issued 600 notices to avoidance scheme-users since late August, demanding that they pay more than £250m of disputed tax under the accelerated payments regime.

Many of the recipients have responded to arrange to make payments, covering over £25m of tax, according to the Revenue, and other taxpayers are also contacting officials to settle their affairs rather than wait to receive an accelerated payments notice (APN). 

The taxman plans to issue 2,500 APNs a month from January 2015, with the intention of having delivered them to 43,000 scheme-users by the end of March 2016, covering £7.1bn of disputed tax.

Issue: 4475 / Categories: News , Avoidance
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