19.7 C
Sunday, September 24, 2023

No penalties for ‘innocent’ tax errors, HMRC boss says

Whilst he would not comment on specific individuals, Mr Harra said: “There are no penalties for innocent errors in your tax affairs. So if you take reasonable care, but nevertheless make a mistake, whilst you will be liable for the tax and for interest if it’s paid late, you would not be liable for a penalty.

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