The latest HMRC presentation on ‘Penalties for inaccuracies in documents and returns’ can be viewed on the HMRC website - see the 'Related links' section on this page.
The video runs for 12 minutes and covers:
- when a penalty is chargeable
- types of behaviours associated with the penalty regime
- prompted and unprompted disclosures
- reductions and quality of disclosures
- penalty calculations
- suspensions and appeals.