Tax
Late payment interest cost taxpayers £80m in 2023, UHY finds
The firm revealed its insights on taxpayer interest costs after HMRC announced on 1 February that roughly 1.1 million people missed the self-assessment tax deadline
Late payment interest costs set back taxpayers £80m last year, as this year’s bill is expected to be much higher due to high interest rates, according to UHY Hacker Young,
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