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Tax Investigations Update

Richard Clarke tax director at PricewaterhouseCoopers LLP reviews HMRC's annual report for 2005/06
Just before Christmas the acting Chairman of HMRC Paul Gray issued the department's annual report for the organisation's first full year since the revenue departments were merged. In his introduction he stresses the department's desire to reduce the administrative burden on businesses and individuals and gives examples of a number of initiatives involving consultation with interested parties. The administration of the Child Trust Fund the legislation that underpinned Pensions A-Day strong frontier controls and the Employer's CD-Rom are highlighted as key achievements for HMRC.
Paul Gray also refers to the pace of change within HMRC. But details relating to the results of HMRC's 'interventions' and the future changes that will impact on both clients...

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