Draft, detailed guidance on HMRC’s ‘refreshed’ Litigation and Settlements Strategy will be published shortly, HMRC have told Tax Journal.
HMRC have launched their fourth tax evasion task force in three months, declaring that ‘there is a problem with some fast food outlets deliberately falsifying their records and mis-declaring their true sales levels’.
Dave Hartnett, Permanent Secretary for Tax at HMRC, explains HMRC’s thinking behind their refreshed statement [expected to be released on 15 July] of the core LSS principles
Sue Walton reviews the lessons HMRC have learned from their alternative dispute resolution pilots, and sets out when mediation can have a useful role to play in the resolution of tax disputes
By Kevin Elliott and Julie Hughff, including a review of HMRC’s detailed guidance supporting the refreshed LSS [expected to be launched on 15 July]. Plus further insight from Jason Collins
HMRC will send out more than 40,000 letters over the next few weeks, inviting people who have failed to register for VAT to make a full disclosure and take advantage of a reduced penalty.
More than £25 billion of tax was ‘under consideration’ in HMRC’s Large Business Service (LBS) enquiries at 31 March 2011, but the department emphasised that the estimate did not represent tax owed or unpaid.