Taxation: Self-assessment

Treasury written question – answered on 13th June 2022.

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Photo of Kirsten Oswald Kirsten Oswald SNP Deputy Leader, Shadow SNP Spokesperson (Women), Shadow SNP Spokesperson (Equalities)

To ask the Chancellor of the Exchequer, what estimate he has made of the amount of interest charged to people whose self-assessment tax accounts have been queried and who face delays in receiving information from HMRC.

Photo of Kirsten Oswald Kirsten Oswald SNP Deputy Leader, Shadow SNP Spokesperson (Women), Shadow SNP Spokesperson (Equalities)

To ask the Chancellor of the Exchequer, what steps he is taking to minimise the amount of interest charged to people whose self-assessment tax accounts are in query and who face delays in receiving information from HMRC.

Photo of Lucy Frazer Lucy Frazer The Financial Secretary to the Treasury

HMRC does not have an estimate of the amount of interest that is being charged on tax that is outstanding on self-assessment tax accounts and this information could only be obtained and compiled at a disproportionate cost.

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