New penalties to apply to taxpayers testing making tax digital
[ad_1] HMRC has explained how penalties will be charged where volunteers testing making tax digital income tax self assessment are late in making a payment or submitting a return. HMRC has published guidance on the late submission and payment penalties that apply where a person volunteers to test making tax digital income tax self assessment […]
New form for appealing corporation tax penalties
[ad_1] HMRC has introduced an interactive form to speed up the process for corporation tax penalty appeals. The corporation tax penalty appeals form is completed online and can be used by taxpayers and agents to appeal a penalty notice issued where a corporation tax return form has not been submitted by the due date. The […]
Plastic packaging tax: detailed HMRC guidance on penalties
[ad_1] The penalties cover failing to register, submitting a late return, late payments and failing to meet other requirements of plastic packaging tax. On 14 April 2023, HMRC published detailed guidance on penalties applied to businesses that fail to comply with their plastic packaging tax (PPT) obligations. The penalties cover: failure to register or late […]