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Value of HMRC tax penalties reaches record high of £851m

The value of HMRC tax penalties has increased by 25% in the last year, from £681m in 2021/22 to £851m in 2022/23.

HMRC: Accountants urge Brits to fight taxman as penalties spike to new record

The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data has shown, as the government faces criticism for unfairly fining struggling businesses.

Accountants urge Brits to fight taxman as penalties spike to new record

The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data shows, as the government faces criticism for unfairly fining struggling businesses.

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