HMRC will not pursue cases where the amount owed is less than £300, which account for 40% of all underpayments, David Gauke told MPs.
HMRC insisted that over and underpayments would always be a feature of the PAYE system after it emerged that between four and ten million people could be in line for a repayment, while at least 1.4 million face demands for unpaid tax.
HMRC has published the notes accompanying the ‘PAYE tax calculations’ sent to 45,000 taxpayers.
HMRC has defended the PAYE system after press reports indicated that between four and ten million people could be in line for a repayment, while at least 1.4 million face demands for unpaid tax.
The CIOT’s Low Incomes Tax Reform Group advised taxpayers to treat HMRC calculations showing an underpayment with caution.
The US has and the UK is considering enacting an anti-avoidance statute. Don Korb and Aditi Banerjee provide a comparison of both countries’ anti-avoidance case law which may be useful in understanding these rules
Peter Kempster examines the scope for a form of alternative dispute resolution within the tax tribunal system
James Bullock gives a practitioner’s perspective on the future of alternative (or collaborative) dispute resolution
Review of the Budget by James Bullock and Jason Collins
Review of the Budget by Bill Dodwell