COMPLIANCE

From the Daily Telegraph:

HMRC has confirmed that it will not impose late filing penalties for taxpayers who file their self-assessment tax return on 1 or 2 February. A statement posted on the HMRC website last night reads:

HMRC has extended the self assessment filing deadline to 2 February to allow more time for taxpayers who seek help on 31 January but are unable to get through because of strike action by HMRC staff.

Val Hennelly, Jonathan Levy, Geoff Lloyd and Graham Massie consider mediation and look at the benefits for HMRC and taxpayers alike, ADR pilots, working collaboratively and the next steps.

HMRC has reminded taxpayers who have not yet filed their 2010/11 tax return that the filing deadline is only a week away. Those who file a return after 31 January will receive a £100 penalty even if there is no tax to pay or the tax liability is...

‘Harry Redknapp, the Tottenham Hotspur manager, opened a Monaco bank account named after his bulldog Rosie in order to conceal a £189,000 “bung” from his former club chairman, a court has heard.