Tax penalties need reviewing

Posted on 23 Aug 2017
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 HMRC must review penalty regime, says CIOT

 
The complex and punitive HMRC penalties’ regime needs to be fairer and more efficient for taxpayers, according to CIOT’s response to an ongoing HMRC review of penalties report Harris & Co chartered accountants Northampton.

Harris & Co say that they have seen HMRC apply more and more of the stringent penalties to businesses, even for the smallest errors.

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