In conjunction with local police, the Revenue is understood to have carried out a number of Section 20(c) ‘Search and Seize’ raids – only conducted when the Revenue suspects serious tax fraud. For Search and Seize warrants to be issued, considerable research has to be undertaken and the Revenue board and a High Court judge have to sign them. The raids are understood to have centred on an undisclosed company in Nottingham on 13 and 20 January. It is also understood that three premises in the Nottingham area, and one each in Leeds and north London were targeted in the operation. Revenue officials confirmed there had been raids in the Nottingham area at this time but would not reveal the company involved. News of the raid followed the release of the report by Labour peer Lord Grabiner QC last week, which outlined increased powers for the Revenue to prosecute tax fraudsters.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice