Inland Revenue wants tax on time
24th November 1988, Page 15
24th November 1988
Page 15
Page 15, 24th November 1988
— Inland Revenue wants tax on time
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• The Inland Revenue is planning to crack down on companies which fail to pay corporation tax on time. The squeeze will come into force in 1992, but an interim penalty of up to 21,200 per 50 employees will be introduced to chivvy business into more cooperative attitudes.