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.
HMRC’s Dave Hartnett responds to criticisms voiced by CIOT President Anthony Thomas.
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.
‘George Osborne is considering tax cuts for low and middle earners in his March Budget in an attempt to kick-start growth after figures showed that the economy is contracting.
‘Barack Obama laid down the battle lines for the presidential election Tuesday night as he promised a “fairer” tax regime on the day Mitt Romney, the leading Republican contender, revealed that he paid federal income taxes at an effective rate of just 13.9% in 2010.
Governments forced to re-think tax and benefit systems should take the opportunity to address inequality and growth issues simultaneously, the OECD said.
The tax information exchange agreement between the UK and the Netherlands in respect of Aruba, signed in November 2010, entered into force on 1 January 2012.
The Times has an obituary of Dame Lesley Strathie, who died earlier this month. Strathie was forced to step down as HMRC’s Chief Executive in November because of illness. She was appointed to the role in 2008: