The Public Bill Committee on the Finance Bill met on 24 May and the following clauses were agreed without amendment:
HMRC has updated three of the toolkits designed to help reduce common errors in the completion of tax returns:
The government’s proposed legislation to ensure that ‘controlling persons’ working for an organisation have PAYE income tax and NICs deducted at source will not change anything in practice, according to one expert.
The union representing senior HMRC staff said last week's report by the Public Accounts Committee should have 'gone further' and highlighted the need to invest in HMRC in order to collect more tax.
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.