UK Business

accounting expert on what it means when HMRC fines you for being 'careless'

Written by Gavin Midgley, Senior Teaching Fellow in Accounting, University of Surrey

Although the news that Tory party chairman Nadhim Zahawi had paid a penalty for failing to file his taxes properly first surfaced during his short tenure as chancellor from July to September 2022, his past tax affairs have come under scrutiny again more recently.

In July 2022, the Independent reported that Zahawi’s tax affairs were under...

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