The penalty for late self-assessment filing needs rethinking. HMRC's recent discussion document looks promising, writes Paul Aplin.
Andrew Goldstone and Victoria Howarth provide an update, including: the increased transparency of ownership of UK companies; new HMRC guidance on the taxation of damages; a recent decision on reasonable excuse for late returns; and why professionals acting as charity trustees need to be aware of potential conflicts of interest
Timothy Jarvis considers the recent decision in McLaren Racing concerning whether penalty fines are tax deductible
Angela Savin reports on the proposed amendments to the grounds of appeal for follower notices penalties
Peter Vaines considers two recent cases where the tribunal seems to be taking a sympathetic view about reasonable excuses
John Hood answers a query for a reader whose client is under investigation by HMRC