Tuesday, 26 July 2022

HMRC Fines Company For Filing Too Early!


 

HMRC, for reasons best known to itself, charged a taxpayer with three penalties for filing too early. 

This decision was quite rightly reversed on appeal.

"In the hearing, HMRC agreed that the returns had been filed on 4 September 2020 and explained that the penalties had been issued because the returns had been filed too early and were therefore treated as not having been filed correctly and in time. The return for March 2021, also filed on 4 September 2020, had been accepted but HMRC were unable to explain in the hearing why this return had been accepted but the returns for the earlier periods, filed in the same submission, had not been accepted."

HMRC yet again wasting time and taxpayers' money on pursuing half arsed vendettas.

Tax does have to be taxing.

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