HMRC is grateful to Ipsos Mori for this report. This research was commissioned by HMRC to develop a better understanding of HMRC's customers who pay late, and the effect of different interest, penalty and support regimes.
HMRC is currently consulting on the case for modernising and aligning penalties, harmonising the interest we charge on underpaid tax and pay on overpayments, and changes designed to help taxpayers to pay what they owe and to improve and modernise HMRC's ability to recover tax unpaid. The consultation documents including an assessment of the impacts and draft legislation is available at:
Meeting the Obligations to File Returns and Pay Tax on Time
Interest - Working Towards a Harmonised Regime
Payments, Repayments and Debt: The Next Stage
This research is particularly useful in addition to the responses HMRC receives from consultation in developing the evidence base for policy development on interest, penalties, payments and recovery of debts. In particular, this research focussed on taxpayers who had been in debt whose voice may otherwise go unheard.
HMRC has already started to take on board the outcome of this research. This research has helped inform HMRC policy decisions and new proposals. For example, including: