Taxation: Self-assessment
(asked on 11th July 2023) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an equalities impact assessment of proposals for a points-based penalty regime for late submissions of tax returns.
This question was answered on 18th July 2023
A new points-based penalty system was brought in on 1 January 2023 for all VAT-registered businesses. The Government published the associated screening equality impact assessment on 23 March.
An equalities impact assessment covering the new penalty system for Income Tax Self-Assessment taxpayers will be published during its introduction.