Treasury receives £5.4 billion surplus in January
Income tax receipts hit £21.9 billion – the highest take on record.
Income tax receipts hit £21.9 billion – the highest take on record.
“Unacceptable delays” are stifling the UK’s economic growth.
The decision will allow the tax authority to refresh its testing strategy.
The new penalties will apply from 21 February.
2.7 million self-assessment customers were yet to file just hours before the deadline.