Coronavirus Update – HMRC briefing on their continuing support 27/08/2020
| HM Revenue & Customs have issued a briefing paper explaining how they intend to provide support over the coming months. We particularly draw your attention to the following: -Taxpayers are expected to file returns on time and should prepare to meet future tax obligations. -Penalty notices are being issued to those not meeting their obligations, but HMRC will take a sympathetic approach to those struggling to pay their tax or file their returns on time. -The impacts of Covid-19 will be accepted as a reasonable excuse, but it is vital that HMRC are contacted if a deadline cannot be met. -Debt collecting activities have resumed, initially focussing on those least affected by Covid-19. -HMRC are taking a compassionate and common-sense approach to those with tax debt or those concerned about meeting tax obligations. They are encouraged to contact HMRC to see what support can be provided (see link below). For the full text of the briefing paper Click here To access HMRC dedicated Payment Support Service Click here |
