Found (continued)
Examples
1. Before we started a compliance check, Joel's accountant wrote and told us that Joel's return was inaccurate. He had deliberately excluded every Friday's takings. This is an unprompted disclosure. He accepts that a penalty for a deliberate inaccuracy is appropriate and the potential lost revenue (PLR) is agreed at £85,795. Our enquiries do not find anything else wrong with Joel's return.
Our enquiries did not find out about the inaccuracy in Joel's return. We cannot publish any information about Joel, even though the PLR for the penalty is more than £25,000.
2. Before we started a compliance check, Jamilla's accountant wrote and told us that Jamilla's return was inaccurate. She had deliberately excluded every Friday's takings. She accepts that a penalty for a deliberate inaccuracy is appropriate and the PLR is agreed at £85,795. Our enquiries reveal that Jamilla had also deliberately paid wages to half her staff without accounting for PAYE and NICs. The PLR for this deliberate inaccuracy is £27,500.
We cannot publish any information about the penalty for the inaccuracy that Jamilla told us about. Our compliance check did not find it. However, our check found the penalty for the deliberately inaccurate PAYE return. The PLR for this is more than £25,000 so we may publish information about Jamilla if all the other conditions are satisfied.
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