Changes to VAT penalties and interest from 01 January 2023
HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…