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Compliance, Enforcement & Litigation

 
James Bullock of McGrigors LLP considers the compliance and enforcement aspects of the PBR
 
On listening to the Chancellor's Pre-Budget Report (PBR) to the House of Commons it seemed as if it was going to be very exciting from the point of view of compliance enforcement and litigation. After hearing about all the money that has to be spent propping up the economy (and some would say putting off today's problems to tomorrow) we sat with bated breath wondering where the money would come from. After the 'levy' on bankers' bonuses (some considerable way short of the windfall tax we had all been anticipating) the freezing of allowances for the purposes of inheritance tax the freezing of income tax allowances and the increase in NIC (which was the...

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