Paul Roberts and Philip Espin of Grant Thornton UK LLP's national tax investigations practice share their views on the new HMRC powers with The Tax Journal
FA 2008 Sch 36 provides HMRC with new 'all taxes' powers for checking a person's tax position using information notices and inspections of business premises assets and records. After rearguard action over the lack of safeguards for taxpayers in the new powers particularly by tax professional bodies some additional protections were introduced at Committee Stage in late June. These notably include the prohibition on inspections of premises used solely as a private dwelling increasing the proposed notice for an inspection from 24 hours to seven days and removing the power to visit third-party premises unannounced. These and other successes stand starkly in a body...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Paul Roberts and Philip Espin of Grant Thornton UK LLP's national tax investigations practice share their views on the new HMRC powers with The Tax Journal
FA 2008 Sch 36 provides HMRC with new 'all taxes' powers for checking a person's tax position using information notices and inspections of business premises assets and records. After rearguard action over the lack of safeguards for taxpayers in the new powers particularly by tax professional bodies some additional protections were introduced at Committee Stage in late June. These notably include the prohibition on inspections of premises used solely as a private dwelling increasing the proposed notice for an inspection from 24 hours to seven days and removing the power to visit third-party premises unannounced. These and other successes stand starkly in a body...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
