Penalties - Vodcast

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.