§ Mr. FlightTo ask the Chancellor of the Exchequer how much revenue was raised for HM Treasury through fines imposed by(a) HM Customs and Excise and (b) the Inland Revenue for (i) late completion of tax forms and (ii) late payment of tax owed in the last 10 financial years. [9762]
§ Dawn PrimaroloThe tables show the revenue raised by Inland Revenue and Customs and Excise from late filing penalties on tax forms and late payment surcharges over the last ten years. The Inland Revenue accounts for its receipts in accounts years running from November to October.
The penalty figures are for Income Tax (including Pay-As-You-Earn), Self Assessment (from 1998), Company Tax (from 1991), Company Tax Pay and File (from 1995), Company Tax Self Assessment (from 2000) and Capital Gains Tax. The main impacts on penalty receipts were the introduction of:
CTPF penalties, increasing receipts from Accounts 95 and 96 onwardsPAYE end of year penalties, increasing receipts from Accounts 95 and 96 onwardsSA penalties, increasing receipts from Accounts 98 onwards.Self Assessment is the only Revenue tax that has a surcharge, so receipts began after its introduction in 1996–97.
747W
Inland Revenue £ Accounts year (i) Penalties paid (ii) Surcharge paid 1991 1,032,000 — 1992 1,362.000 — 1993 1,488,000 — 1994 1,936,000 — 1995 5,511,000 — 1996 15,288,000 — 1997 20,840,000 — 1998 42,193,000 9,480,000 1999 56,338,000 36,527,000 2000 63,438,000 50,943,000 Total 209,426,000 96,950,000
Customs and Excise £ Financial year ending March Value added tax Excise Insurance premium tax Air passenger duty Landfill tax 1992 93,000,000 not available From the outset of each tax 1993 96,000,000 1994 83,000,000 1995 70,000,000 1996 73,000,000 1997 73,000,000 1998 77,000,000 40,769 1999 80,000,000 14,554 2000 82,000,000 15,426 2001 87,000,000 39,510 Total 814,000,000 110,259 330,491 563,390 1,621,684