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Tuesday, 26 August 2008 |
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Tax officials to be given powers to enter homes
'HMRC will acquire powers next year to enter business premises and private homes used for business. For errors that are "careless, but non-deliberate", penalties worth up to 30% of an unpaid tax bill can be levied. Fines worth 70% of the final tax bill could be imposed should officials believe the taxpayer deliberately ignored the need to make a payment. Deliberate concealment could trigger fines worth 100% of the final tax bill. The new powers, outlined in the Finance Act, are due to come into effect on April 1 2009.'
Tick, tick tick ...
... 'They say they're giving the tax people the power to come in our homes,
honey, what is the world coming to? What's on the TV tonight, honey, is there a
gameshow on ...?'
Tick, tick, tick ...
Read more ...
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