HMRC is getting tougher with its VAT fines and issuing a growing number of its most serious penalties. It's difficult not to conclude that it's a concerted effort to bring in more cash.
HMRC appears to be taking a tougher approach to VAT penalties, aiming to categorise more inaccuracies as 'deliberate'. Classifying errors as 'innocent' would result in lower penalties, or even no penalty at all - which of course means a smaller take for the taxman.
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