The Mirror
UK · 1 hrs ago
HMRC plan 'would mean being fined even when paying on time'
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HMRC plan 'would mean being fined even when paying on time'
The Government is consulting on plans14:07, 04 Jul 2026People are being alerted to a proposed HMRC rule change.New regulations currently under consultation could see business owners hit with penalties even if they settle their PAYE and VAT on time - simply for using the wrong payment method. An accountant challenged the reasoning behind the proposed changes, calling it an "oddity", while one business owner slammed the Government for treating companies as "errant school children".The Government is presently gathering feedback on proposals to mandate businesses pay their PAYE and VAT return liabilities via Direct Debit, aiming to cut late payment, stem the flow of debt and streamline the payment process to minimise mistakes. It said that responses from the business community and other rele
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