HMRC outlines points-based late payment penalties

At the start of December, HMRC announced plans to introduce a driving penalty ‘points’ system to punish late-paying taxpayers.
The points-based system would be introduced as part of the shift towards ‘Making Tax Digital (MTD),’ which will see many taxpayers submitting tax returns more regularly.
Now the tax authority has outlined their plans in more detail, suggesting that tax customers will receive a point every time they fail to submit on time.