
As the tax filing deadline arrived on April 30, the Canada Revenue Agency (CRA) and HM Revenue and Customs (HMRC) have taken significant actions against late filers. The CRA will impose a late filing penalty and interest on those who owe money. Concurrently, HMRC has begun issuing daily fines of £10 for 90 days starting May 1, and in severe cases, penalties could reach up to 200%. Additionally, HMRC is sending out letters to thousands, urging them to take action to avoid penalties, and notifying individuals of debts as high as £43,000 through 'soul destroying' envelopes. The IRS in the U.S. is also active, notifying taxpayers affected by a massive data breach, including high-profile individuals like billionaires and former President Trump.
IRS Notifying Taxpayers Whose Data Was Accessed In Leak That Hit Billionaires And Trump https://t.co/PckDW0bj9N https://t.co/MaF3imILI9
HMRC sending people 'soul destroying' envelopes saying they owe £43,000 https://t.co/LsE9DjS0vm
IRS Is Notifying Taxpayers Who Were Victims Of Massive Data Breach https://t.co/kxvxpokPZw https://t.co/M6m9vVl8Sy




