Land Law Finance - Issue 14 - Autumn 2019

HMRC is adopting a light touch approach over imposing fines for businesses failing to file on time with the switch to the new Making Tax Digital system for VAT. www.FARMINGUK.COM 26 HMRC lives up to its word with light touch approach over digital switch failings HMRC issues no fines for businesses who fail to make tax digital No fines have been issued for some 120,000 businesses quoted as having missed the August tax deadline, including hundreds of farm businesses. HMRC has now said that it will also continue to show leniency in the face of a possible no- deal Brexit.

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