HMRC is consulting on a proposed statutory power allowing the department to withdraw a notice to file a self assessment tax return and to cancel any penalty for failure to make such a return.
Use of the term ‘customer’ helps to remind HMRC staff that taxpayers and tax credit claimants deserve ‘the same consideration and attention that those who use commercial services receive’, HMRC told Tax Journal today in response to a new campaign launched by Taxation magazine.
The government is consulting on a proposal to ensure that ‘controlling persons’ working for an organisation have PAYE income tax and NICs deducted at source.
HMRC could have collected £1.1bn more in taxes if it had not cut the numbers of staff working on enforcement and compliance activity by more than 3,300 over the life cycle of its Compliance and Enforcement Programme, according to the Commons Public Accounts Committee (PAC).
Dave Hartnett sets out HMRC's contribution.
The ‘high income child benefit charge’ included in the current Finance Bill is ‘seriously flawed in principle and in practice’, the ICAEW Tax Faculty has warned.
Michael Conlon QC will join Hogan Lovells in July as the firm’s new Head of Indirect Tax in London. He will join the firm from Temple Tax Chambers, where he is a practising barrister.
The Public Bill Committee on the Finance Bill agreed clause 7 (corporation tax small profits rate and fractions for financial year 2012), clause 9 (post-cessation trade or property relief: tax-generated payments or events) and clause 10 (property loss relief against general income: tax-generated
Tax campaigner Richard Murphy’s estimate of the UK’s tax gap is ‘misleadingly high’, HMRC has said in a submission to the House of Commons Treasury Committee.
‘Britain’s only listed accountancy firm is to close its specialist tax division in a move that will be regarded as another victory for Revenue & Customs against tax avoidance by the rich.