Punishment must fit the crime when paying tax bills late – The Times

Posted February 23rd, 2010 in news by sally

“As the recession began to bite, the Chancellor gave an undertaking that HM Revenue & Customs would take a more accommodating approach to businesses that genuinely had difficulty in making tax payments on time. However, as the recession has progressed and tax revenues have plummeted, this undertaking has often been less apparent in practice.”

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The Times, 23rd February 2010

Source: www.timesonline.co.uk