https://somersetdaily.co.uk/tags/taxcompliance/Recent content in taxcompliance on Somerset DailyHugo -- gohugo.ioen-usSat, 04 Jul 2026 12:56:53 +0000https://somersetdaily.co.uk/penalty-possible-even-when-paying-on-time-under-new-hmrc-rule/Sat, 04 Jul 2026 12:56:53 +0000https://somersetdaily.co.uk/penalty-possible-even-when-paying-on-time-under-new-hmrc-rule/The UK Government is consulting on a significant change that could penalize businesses even if they pay their PAYE and VAT on time, simply because they use the wrong payment method. The proposed rule would require businesses to pay these liabilities by Direct Debit, aiming to reduce late payments, minimize debt, and simplify the payment process. While the move to Direct Debit is meant to streamline payments and cut down errors from incorrect references or periods, some accountants and business owners are raising concerns.