Exposed: UK Taxman's 'Illegal' War Against Britain's Small Businesses
Saturday, 14 January 2012 09:52
'The Government is unlawfully using late-payment penalty fines against tens of thousands of small firms who do not file their tax returns on time as a "cash-generating scheme" for the Exchequer.
In a damning judgment, the Tax Tribunal has ruled that Her Majesty's Revenue and Customs is operating a policy of "deliberately" waiting months before alerting businesses that have not filed their tax returns so that late- payment fines stack up.
If upheld on appeal, the judgment could result in between 50,000 and 100,000 firms being able to claim refunds on tens of millions paid in fines.'
Read more: Exposed: UK Taxman's 'Illegal' War Against Britain's Small Businesses
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