We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Negotiating Contract of Offer.
almacmil
Posts: 4,428 Forumite
in Cutting tax
A quick question please.
I've underpaid tax (non-declaration of some small income) and have to pay £2818 plus £527 interest. HMRC now suggest a penalty of 15% on top.
If I were to offer below the 15%, are HMRC then allowed to increase their proposed penalty or as they've already offered 15%, will that be the maximum they can ask for?
I've underpaid tax (non-declaration of some small income) and have to pay £2818 plus £527 interest. HMRC now suggest a penalty of 15% on top.
If I were to offer below the 15%, are HMRC then allowed to increase their proposed penalty or as they've already offered 15%, will that be the maximum they can ask for?
Apparently, if you lose one sense, others senses are enhanced. That's why those who have no sense of humour have an enlarged sense of self-importance.
0
Comments
-
No, they are ready to settle - this penalty seems quite low, so it wouldn't hurt you to offer 10%.£705,000 raised by client groups in the past 18 mths :beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards