Civil Penalties - Consultation
HMRC have issued a 'Discussion Document' regarding the role of penalties in the current tax system.
There are a number of themes in the consultation including how the application of the existing penalty regime will work in conjunction with plans to expand HMRC's digital services provision.
Of particular interest to taxpayers is the invitation for comments on the issue of proportionality. Many VAT vat---appeals have been heard in recent years in respect of hefty Default Surcharges for returns and payments presented only a day or so late.
The Consultation is live and requires responses by 11 May, 2015.