• After a three month duration, a £10 daily penalty may also be applied, up to a maximum of £900 • After six months, another penalty of 5% of the tax due, or £300 can be added. The figure added will be whichever is the highest of the two values • After a 12 month period, a further 5% or £300 can be added. Again, whichever figure is greater will be added to the bill
The Director General of Customer Services at HMRC, Angela MacDonald, commented:
“Each year, we try to make it as easy and simple as possible for our customers to complete their tax returns and the majority make the effort to do theirs right and on time. But, we still come across some unusual excuses and expenses which range from problems with a mother-in-law to yachts set on fire.
We always offer help to those who have a genuine excuse for not submitting their return on time. It is unfair to the majority of honest taxpayers when others make bogus claims.
If you think you might miss the 31 January deadline, get in touch with us now – the earlier we’re contacted, the more we can help.”
There is a dedicated Self-Assessment helpline, and the contact number is 0300 200 3310.
Back to Contents
HMRC review of Powers and Safeguards 11 February 2020
The CIPP together with a wide range of stakeholders and professional bodies are involved in research that looks to access how HMRC has delivered a wide range of Powers and Safeguards that have been brought in since 2012.
The powers (which in essence are what authorises HMRC to carry out an action, for example, issuing a penalty) span a number of themes which have been grouped as follows:
Obtaining information Tackling avoidanc Ensuring compliance
• • • • • •
Conditionality
Tackling enablers Collecting tax due
HMRC plans to narrow down the lengthy list of powers and safeguards to enable a ‘deep dive’ to be carried out on a small number of powers that will have been identified as having the most significant impact on stakeholders.
Powers that have not yet been delivered such as the latest Off-Payroll working reforms are not included in this review as they aren’t yet delivered plus are the subject of other reviews.
CIPP comment
If you would be interested in feeding in to this work or would like to find out more, please contact Samantha Mann senior policy and research officer at samantha.mann@cipp.org.uk or policy@cipp.org.uk by 14 February 2020.
Back to Contents
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 342 of 629
Made with FlippingBook - Online magazine maker