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Budget/FB — Compliance, Investigations & Litigation

 
James Bullock McGrigors LLP looks at the implications of measures proposed in the Budget and Finance Bill 2008 affecting compliance investigations and litigation
 
With effect from the autumn of this year it will be possible to pay tax and duties by credit card. This seems a sensible step in 21st-century Britain (assuming in the light of the current economic situation one can actually get a credit card) and is part of a pattern that has emerged over the past few years (and particularly since the creation of HMRC in 2004) of bringing HMRC into the everyday lives of taxpayers and businesses. The other side of that particular coin is the measure (announced in the Budget and included in the Finance Bill) empowering HMRC to carry out 'routine inspections' of business...

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