Tax deadlines – as HMRC focuses on penalties, are your tax affairs in apple pie order? *

United Kingdom - August 4 2011
Over recent years HMRC has run a number of campaigns designed to encourage those whose tax affairs have fallen behind, or who have forgotten to tell their professional advisers of a particular source of income or gains, to come forward and ‘make a clean breast of it’, the incentive generally being that a more favourable position on penalties will be available.