The CIOT has prepared a checklist summarising the new penalties applying to tax avoidance and offshore tax evasion and non-compliance, as introduced over recent years in Finance Acts and the Criminal Finances Act 2017. The list does not cover routine compliance penalties, including failure to make returns, inaccurate returns, failure to notify chargeability, or late payments of tax. See http://bit.ly/2Gav5vf.
The CIOT has prepared a checklist summarising the new penalties applying to tax avoidance and offshore tax evasion and non-compliance, as introduced over recent years in Finance Acts and the Criminal Finances Act 2017. The list does not cover routine compliance penalties, including failure to make returns, inaccurate returns, failure to notify chargeability, or late payments of tax. See http://bit.ly/2Gav5vf.
