Market leading insight for tax experts
View online issue

HMRC's business plan update

HMRC has published its Business plan update for 2013/14 in which it restates its determination to clamp down on tax avoidance and evasion using new technology a ‘raft of new campaigns and taskforces’ and legislation aimed both at tax avoiders and scheme promoters.

HMRC’s commitment to ‘relentlessly pursue those who do not comply’ should leave no one in any doubt that this is a long-term objective – the clampdown is here to stay. The government is desperate to increase tax revenues and tackling avoidance and evasion is a good way supported by the majority of voters. HMRC collected £2bn more than its target last year and targets will be raised for future years.

Where avoidance is concerned HMRC is looking...

If you are not a subscriber, subscribe now to read this content.
If you are already a subscriber, sign in
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
EDITOR'S PICKstar
Top