Donna Mahoney discusses the penalty system for personal tax investigations
As part of a continuing series, we are speaking with various experts from our Tax team to delve into public tax cases and analyse the valuable lessons our clients can learn from them.
In our third video in the series, Donna Mahoney, a Senior Manager within our Tax team discusses the settlement of the tax issue between HMRC and Nadhim Zahawi.
What are the penalties for underpaid tax? In the event you are issued with a tax penalty from HMRC, what can you and your accountant do to help reduce the penalty?
Watch our video below to find out more.
We always recommend that you seek advice from a suitably qualified adviser before taking any action. The information in this article only serves as a guide and no responsibility for loss occasioned by any person acting or refraining from action as a result of this material can be accepted by the authors or the firm.
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