Bicknell Business Advisers · Est. 2006

Helpful comments on tax & finance — for property, construction & business

Bicknell Business Advisers · Est. 2006

Helpful comments on tax & finance — for property, construction & business

HMRC open discussions on Penalties

Table of Contents

Scaring amounts

On 2nd February 2015 HMRC launched HMRC Penalties: a Discussion Document

Closing date 11th May 2015.

HMRC state…

We don’t use penalties as a way of raising revenue, or to offset our running costs. In essence, we want compliance, not penalties.

Do you think HMRC penalties are fair? do they work? how could the system work better?

Why not use the discussion document to help HMRC to change the system and improve the way penalties are applied.

steve@bicknells.net

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