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Do not pass go
KEY POINTS
- Are tax return penalties simply a way for HMRC to earn easy money?
- Does HMRC waive many penalties after representations by taxpayers?
- The department must show that the taxpayer has received the notice to file.
- HMRC accepts that the date of receipt is relevant when calculating penalties.
- Will HMRC appeal against the decisions in Qureshi Galiara and Loial to clarify the correct legal test?
Different views no doubt exist as to the wisdom of charging penalties of £100 or more simply because a tax return is late especially when there is no or minimal tax to be paid. However legislation permitting this (with penalties increasing to a minimum of £1 300 once returns are...
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