Financial Times Adviser: Understanding HMRC's approach to careless and deliberate tax behaviours

The revelations about Nadhim Zahawi and the widely reported suggestion that he paid a tax penalty for a “careless but not deliberate” error has made front pages regarding this distinction, which is traditionally the preserve of tax professionals.

We have provided an overview of HMRC’s approach to these terms, the consequences if HMRC allege such behaviour, and the key protection provided by advisers.

Read the full article here.