The move follows a technical note published in November last year which proposed a new power to enable tax investigators, in cases where they have reasonable grounds for suspecting serious tax fraud, to apply for a judicial order requiring people to supply them with relevant documents.
It also suggested an alteration to the existing search power, which would enable those carrying out a search to obtain print-outs of material held on a computer.
A summarised outcome of the proposal is now available to download in both Adobe Acrobat PDF format or as a Microsoft Word Document.
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC
An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans