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HMRC’s policy on penalties

09 January 2019 / Sara Bonavia
Issue: 4678 / Categories: Comment & Analysis
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Always a lottery?

KEY POINTS

  • A self-assessment tax return was logged and unlogged as a result of a small arithmetical error.
  • Reliance on the postal service when delivering tax documents.
  • Late filing penalties for non-resident capital gains tax returns.
  • Reasonable excuse and the submission of ‘voluntary’ self-assessment tax returns.
  • Undeclared income taxpayer behaviour and inaccuracy penalties.
  • Penalties under the failure to correct regime and the implications.
  • ...

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