Senior sources at HM
Revenue & Customs said that the likeliest outcome of the discussions
over buy-to-let tax issues will not be a crackdown as widely predicted, but
merely an information campaign.
The taxman is furious that a meeting held with practitioners to try and focus
the attempts to improve compliance has been exploited for media coverage.
‘It was totally overblown. There’s a lot of anger,’ one source at the
department said. ‘The accountancy profession had lambasted us for not consulting
in the past. The story is we are sending leaflets out to landlords explaining
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