Bookkeeping, Accountancy and Taxation services
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HMRC appears to be taking a tougher line on penalties that are due following a tax investigation.
Where it believes you should have known better, HMRC is treating tax return mistakes as deliberate errors. That raises the starting point for penalties to 35% of the undeclared tax. In this situation ask for your case to be reviewed by another inspector. If that fails to reduce the penalty, threaten to take your case to a tribunal.
Contact us for further information and assistance on this.
Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice
Tel: 08000 388799
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