Tax & HMRC

Straightforward guides covering Self Assessment, UTR numbers, Income Tax, National Insurance, dividend tax, tax codes, allowances, reliefs and key HMRC updates.

HMRC Overturned Tax Penalties: Why Thousands of Penalties Are Being Cancelled Tax & HMRC

HMRC Overturned Tax Penalties: Why Thousands of Penalties Are Being Cancelled

Thousands of taxpayers have successfully challenged penalties issued by HM Revenue and Customs, with the latest official figures showing a substantial rise in HMRC overturned tax penalties. HMRC’s 2024–25 Annual Report and Accounts shows…