Back Duty

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August 31, 2024 4 min read Definitions

Back Duty: Unpaid Tax Obligations from Previous Years

Economics Finance Taxes HM Revenue Tax Evasion Financial Compliance Back Duty

Back Duty refers to the amount of tax that should have been paid in previous years but was not assessed due to failure by the taxpayer to disclose full income details to tax authorities. It typically involves unpaid taxes on undisclosed or understated income.

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