Thompson Reuters reports that HMRC issued over 30,000 penalties for inaccuracies in tax returns in 2021/22, with some 18,500 penalties for careless errors, over 10,500 for deliberate but not concealed errors, and over 1,000 penalties for the most serious deliberate and concealed behaviour (where penalties range from 30% to 100% of the potential lost revenue).
Thompson Reuters reports that HMRC issued over 30,000 penalties for inaccuracies in tax returns in 2021/22, with some 18,500 penalties for careless errors, over 10,500 for deliberate but not concealed errors, and over 1,000 penalties for the most serious deliberate and concealed behaviour (where penalties range from 30% to 100% of the potential lost revenue).
