HMRC
HMRC charged taxpayers £187m in late tax fines in 2022
With the cost-of-living crisis and rising interest rates, it is likely that many individuals and small business owners will struggle to make payments of tax owed
HMRC issued £187m worth of fines and interest charges to taxpayers for the late payment of taxes in the past year, according to data gathered by specialists in tax and accountancy software at Thomson Reuters.
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