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22 Mar 2011
THE CHANCELLOR WILL announce a crackdown on tax breaks for the "super-rich" in the Budget.
The Treasury is expecting £1bn to be made through measures, which includes £500m already given towards the training of new HM Revenue & Customs inspectors. A Treasury source told the Telegraph: "There will be a purge on tax avoidance. Big business and wealthy individuals are in our sights."
Further reading
HMRC will also focus on criminal gangs that evade VAT and duties with an aim to increase the number of prosecutions, the BBC has reported. Two hundred HMRC staff are being trained in self-defence techniques to deal with potentially violent fraudsters when premises are raided.
Osborne has set HMRC a target of raising an extra £7bn by the 2014/15 tax year.
Photo: Prime Minister's Office/Crown copyright
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
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AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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