Tuesday 2 July 2019

A Nice Little Earner

According to the Mail, HMRC took a record £860million in late penalties last year.

HMRC took 24% more from those who were late paying or filing returns in the year to May 2019 than during the previous 12 months.

The £860million bill is up from £694million for 2017-18, and £667million the year before.


Tax does have to be taxing.

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3 comments:

  1. In one door, but out of the other..

    https://www.telegraph.co.uk/tax/capital-gains/capital-gains-tax-error-hundreds-thousands-hmrc-returns/

    ReplyDelete
  2. It's not their f in money...how many more times!

    ReplyDelete
  3. Late filing and late payment penalties are avoidable.

    ReplyDelete