Commentary

A6.950 Managing Serious Defaulters (MSD)

Administration and compliance

A6.950 Managing Serious Defaulters (MSD)

A6.950 Managing Serious Defaulters (MSD)

Where HMRC considers that a failure is deliberate, it will adopt the Managing Serious Defaulters programme. Under the programme HMRC looks for individuals, companies or partnerships that deliberately pay the wrong amount of tax or no tax at all and will then:

  1.  

    •     monitor those individuals, companies and partnerships and require them to comply with additional obligations for a period of up to five years, and

  2.  

    •     notify the individuals, companies and partnerships that they are part of the programme and their expectations. If the expectations are not met in the worse case

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