penalties | AccountingWEB


Taxpayers who have yet to file tax returns for 2009/10 have a week left to take advantage of reduced penalties for late returns.

Mike Down and Gary Heynes from Baker Tilly raise concerns that HMRC is applying its ‘new’ penalty regime for inaccurate tax returns a bit too zealously.


A penalty for careless misstatement in a tax return can be suspended even if relates to a one-off event such as redundancy, a tax tribunal ruled.


Do you have clients who have been charged penalties pre on-line filing even though accounts and CT600 were otherwise correct and submitted on time.Then take a look at section 433 Companies Act 2006

The filing deadline for forms P11D and P11D(b) passed on July, but when are late P11D penaltie

Possibly this is an unintended consequence but has anyone picked up on a very nasty unexpected consequence of the daily penalty regime.


I produced an article for another site, providing a template for a taxpayer to represent himself at Tribunal.

Just received in the post today a penalty notice for £100 for a client whose P35 was filed on 21 May 2012.