Tax office pocketed a record £860million in fines last year

Tax office pocketed a record £860million in fines last year as penalties for late payments shot up by a QUARTER The taxman pocketed a record £860million in late penalties last year Made 24 per cent more from those who were late paying or filing returns compared to last year Penalties are £100 for a late return and £10 extra a day after three months

By Daily Mail Reporter

Published: 01:58 BST, 1 July 2019 | Updated: 07:03 BST, 1 July 2019

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The taxman pocketed a record £860million in late penalties last year.

HMRC raked in 24 per cent more from those who were late paying or filing returns in the year to May 2019 than during the previous 12 months.

The figures were revealed by accountant UHY

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