.png)
.png)
KEITH M GORDON summarises the Budget announcements relating to HMRC powers
KEY POINTS
- Relaxation for error and mistake claims.
- Managed payment plans will allow tax liabilities to be spread.
- Interest rules will be aligned for most taxes.
- The rules on penalties for late returns are amended.
- HMRC charter is to have statutory backing.
Despite the relative brevity of the Chancellor’s speech the Government still had enough announcements to occupy 93 Budget notes among the other reams of former trees made available after the speech.
(Surely if the Government really wants to tackle global warming and reduce the cost to the public purse all that needs to be done is abolish this now twice-yearly Budget/Pre-Budget Report ritual.)
This article looks at some of the announcements tucked away at the end of the pack of documents dealing with HMRC’s powers and taxpayers’...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
